BUZZ-US-based SPAR Group's shares gain on Highwire Capital's take-private plan
Reuters · 09/03 12:57
BUZZ-US-based SPAR Group's shares gain on Highwire Capital's take-private plan
** SPAR Group's SGRP.O shares up 66% at $2.41 premarket
** Investment firm Highwire Capital to take SPAR private
** Offers company's shareholders $2.50/shr in cash, representing ~72% premium over SPAR's last close
** SPAR provides marketing and distribution services to retailers and brands
** Company's shares up 43.6% YTD as of last close
(Reporting by Juveria Tabassum in Bengaluru)
((Juveria.Tabassum@thomsonreuters.com))
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