M&A

Bodycote says Apollo has pulled £1.5bn offer, shares slump

By Frank Prenesti

Date: Friday 05 Jun 2026

(Sharecast News) - Bodycote said Apollo Management had pulled out of its proposed £1.5bn offer for the UK thermal processing company, sending its shares down 12%.
"The board of Bodycote has strong confidence in Bodycote's potential and its strategy to create a high-performing, resilient business with attractive growth prospects," the company...

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