Foresight Sustainable Forestry became the latest firm to join the exodus from the London Stock Exchange today, as it backed a £167 million offer from private equity.
Averon Park is buying the company and will delist it immediately after the deal goes through. It priced at 97p per share in cash and is expected to complete some time in the third quarter. FSF’s stock rose 22p to 95p today, a rise of over 30%.
