Tribal Group Says Conditions Met for Sale to Thames Bidco

08:06 AM EDT, 10/30/2026 (MT Newswires) -- Tribal Group (TRB.L) said conditions for its proposed sale to Main Capital Partners-backed Thames Bidco were satisfied following regulatory approval under the UK's National Security and Investment Act, according to a Friday release. In September, the education-related software and services company agreed on its 189.3 million-pound-sterling cash sale to Thames Bidco. Upon deal closing, expected in November, Tribal Group plans to "proceed swiftly" with cancelling the listing of its shares on the London stock exchange's AIM segment. The board also plans to return net cash proceeds to shareholders "as soon as reasonably practicable" through a solvent voluntary liquidation.