Eckoh: Another AIM exit as private equity firm launches bid

City A.M.

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Payments software firm Eckoh is set to leave the London Stock Exchange’s AIM after it received an offer from private equity firm Bridgepoint. The bid values Eckoh at 54p per share or £169.3m. The price is offered is 15.9 times Eckoh’s adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the year ending March [...]

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