Leita Mobility makes recommended 46p cash offer for Mobico Group backed by Santander, CaixaBank debt financing

Leita Mobility Limited, a subsidiary of Autobuses de León, has made a recommended cash offer to acquire Mobico Group PLC for 46 pence per share, valuing the company at approximately £308 million with an implied enterprise value of £2,323 million. Banco Santander's London branch has provided debt financing commitments to support the acquisition, acting as a lender alongside CaixaBank S.A.

Detected & updated continuously · Source: Nebula