StockMarketWire.com - HarbourVest's offer for Absolute Private Equity has been accepted by shareholders representing more than 43 million shares - 98.68% of teh total.

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

"The high level of acceptances will allow us to follow through on our stated intention to take Absolute private."

HarbourVest plans to delist Absolute and operate it as a privately-held entity.

The settlement of the HarbourVest Offer is expected to take place on 13 September.






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