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Birmingham Post
Birmingham Post
Business
Jon Robinson

Professional services group K3 Capital in takeover talks with former Dreams and ScS owner

Dreams SCs Sun

Professional services group K3 Capital has revealed it is in "advanced discussions" with the former owner of Dreams and ScS over a possible takeover.

The Bolton-headquartered firm is talking with Sun European Partners, on behalf of Sun Capital Partners Group, after receiving "expressions of interest from multiple parties".

K3 Capital's independent directors have told the potential buyer that they "would be minded to recommend unanimously" its possible cash offer to acquire all of its shares at 350p each if a former bid is submitted.

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