Gooch & Housego Agrees to GBP346 Million Takeover Offer from Arlington Capital Partners' Bidco

03:37 AM EDT, 07/16/2026 (MT Newswires) -- Gooch & Housego (GHH.L) said Thursday it agreed to terms of a recommended cash acquisition from Arlington Capital Partners VII's Greenlight Bidco at a valuation of 345.6 million pounds sterling. The shareholders of the optical components and systems manufacturer will receive a total of 12.349 pounds per share, comprising 12.30 pounds per share in cash and the interim dividend of 0.049 pound per share declared on June 2. Gooch & Housego's directors intend to unanimously recommend that shareholders vote in favor of the scheme at the court meeting. Closing is expected in the fourth quarter, subject to the satisfaction or waiver of requisite conditions. Trading in Gooch & Housego shares is expected to end on the business day before the scheme takes effect, with the company set to delist from London's AIM and re-register as a private limited company thereafter.