- HarbourVest's offer for Absolute Private Equity has been extended until 30 August.

HarbourVest says 39,409,765 Absolute shares have been tendered - 90.425% of the total.

HarbourVest MD John Toomey said: "We are thrilled by this result and believe the high take-up by Absolute shareholders shows the fair value of our offer.

"HarbourVest's secondary team has expertise in finding unique transactions and providing creative sources of liquidity for private equity investors, and this transaction exemplifies this."

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