USS makes offer to acquire IT company

Holly Roach
clock • 1 min read

The Universities Superannuation Scheme (USS) has made an offer to acquire 100% of Hull-based IT and communications solutions provider KCOM Group.

Humber Bidco, a wholly-owned indirect subsidiary of USS, and KCOM reached an agreement on the terms of a recommended cash acquisition price of 97 pence per share, the scheme confirmed on 24 April. ...

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