{
  "id": 14925069,
  "title": "Gooch & Housego acquisition by Arlington Capital completes",
  "url": "https://urgent.news/2026/10/16/gooch-housego-acquisition-by-arlington-capital-completes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T10:02:40.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/gooch--housego-acquisition-by-arlington-capital-completes-93CH-4953552"
  },
  "original_language": "en",
  "account": "Gooch & Housego PLC's acquisition by Greenlight Bidco Limited, owned indirectly by Arlington Capital Partners VII, L.P., has finalized. The scheme of arrangement became effective today following the delivery of a court order to the Registrar of Companies. The court sanctioned the scheme on Tuesday. Under the terms, shareholders on the register at 6:00 p.m. on Wednesday will receive 1,230 pence in cash for each share held, with settlement within 14 days via cheques for certificated shares or CREST account credits for uncertificated shares. The boards of the two companies announced the cash acquisition agreement on July 16, 2026, with the scheme document published on July 30, 2026. Trading in Gooch & Housego shares on AIM has been suspended, with the cancellation of admission to trading expected by 7:00 a.m. on Sunday. Share certificates are no longer valid, and CREST holdings are being cancelled. Seven directors have resigned, and three have been appointed. The company is no longer in an offer period, and dealing disclosure requirements no longer apply. This news was AI-generated and reviewed by an editor.",
  "summary": null,
  "key_points": [
    "Gooch & Housego acquisition finalized by Greenlight Bidco, owned by Arlington Capital",
    "Shareholders to receive £1230 per share, settlement within 14 days",
    "Seven directors resigned, three appointed, trading suspended"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}