Acquisition | SP PLUS CORP | 17th May 2024
Initially announced on October 6, 2023 Metropolis Technologies Inc made a cash offer for SP PLUS CORP of USD 54 per SP PLUS CORP share held. SP PLUS CORP shareholders approved the Acquisition on February 9, 2024. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on May 16, 2024. Trading in shares of SP PLUS CORP is expected to be halted effective May 16, 2024.
- SP PLUS CORP will be removed from the Index.
- The weight of SP PLUS CORP (SP.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 17/05/2024
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