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Bodycote Shareholders Approve Acquisition by Veritas Capital

MT Newswires·10/21/2026 10:27:13
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10:27 AM EDT, 10/21/2026 (MT Newswires) -- Bodycote (BOY.L) shareholders approved all resolutions needed for the company's recommended cash acquisition by a vehicle owned by Veritas Capital Fund Management. The British heat treatment provider said Wednesday the special resolution approving the scheme of arrangement was passed at a court and general meeting. Additionally, the regulatory waiting period under the US Hart-Scott-Rodino Act has expired, satisfying a key condition for the deal. The acquisition remains subject to further regulatory approvals, court sanction, and other conditions, with completion expected in the first quarter of 2027.