IP Group rejects Railpen bid

Science and technology investment firm IP Group (LON: IPO) revealed it had rejected a bid of roughly 69p per share. The bid came from Railpen, acting for the Railways Pension Trustee Company, and was the fourth proposal in recent months. Scale-up solution The company’s board has engaged ‘extensively’ with Railpen in the last few months … Continue reading IP Group rejects Railpen bid