{"id":3508,"date":"2016-01-08T05:00:10","date_gmt":"2016-01-08T05:00:10","guid":{"rendered":"http:\/\/pr.asianetpakistan.com\/?p=22373"},"modified":"2016-01-08T05:00:10","modified_gmt":"2016-01-08T05:00:10","slug":"apr-energy-shareholders-approve-consortium-acquisition-privatization","status":"publish","type":"post","link":"https:\/\/southafricajournal.com\/apr-energy-shareholders-approve-consortium-acquisition-privatization\/","title":{"rendered":"APR Energy Shareholders Approve Consortium Acquisition, Privatization"},"content":{"rendered":"
JACKSONVILLE, Florida, Jan. 7, 2016 \/PRNewswire\/ — APR Energy plc (the “Company”) (LSE: APR), a global leader in fast-track power solutions, announces today that an offer by a consortium of investors (the “Consortium”) to acquire the Company was declared unconditionally successful on 5 January. The Consortium comprises Fairfax Financial Holdings Limited, ACON Equity Management and Albright Capital Management, and brings substantial financial backing to support the Company’s business initiatives, including committing more than $200 million in fresh equity capital to reduce debt and increase working capital.<\/p>\n