BidCo to Acquire Bodycote in Recommended Cash Acquisition
1 report, 1 independent
Updated Mon 00:00
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What happened
BidCo is proceeding with the recommended cash acquisition of Bodycote. The agreement was reached on September 1, 2026, and details were published on September 28, 2026. The acquisition of Bodycote will be implemented through a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006.
From investegate.co.uk
Why it matters
The transaction involves BidCo, which is indirectly wholly owned by funds managed by Veritas Capital Fund Management. The acquisition of Bodycote is a major corporate action governed by UK company law.
From investegate.co.uk