Papilio Bidco's Takeover of JTC Takes Effect

04:44 AM EDT, 08/20/2026 (MT Newswires) -- JTC (JTC.L) said the scheme for its acquisition by Papilio Bidco became effective on Thursday after a copy of the court order was delivered to the Registrar of Companies, according to a same-day release. Trading in the professional services company's shares on the London bourse will be suspended on Thursday, with delisting to follow on Friday. JTC agreed to the terms of the cash acquisition deal in November 2025. Papilio Bidco is indirectly owned by funds advised by Permira Advisers and Canada Pension Plan Investment Board.