Core Viewpoint - Robbins LLP is investigating the acquisition of Thoughtworks Holding, Inc. by an affiliate of funds advised by Apax Partners, raising concerns about the fairness of the process and the price offered to shareholders [2]. Group 1: Acquisition Details - Thoughtworks announced a deal to be acquired for $4.40 per share in cash, valuing the transaction at approximately $1.75 billion [2]. - The acquisition is expected to close in the fourth quarter of 2024 [2]. Group 2: Shareholder Rights - Robbins LLP is concerned that the board of directors of Thoughtworks engaged in an unfair process regarding the acquisition [2]. - Shareholders of Thoughtworks are encouraged to explore their legal options and rights related to the acquisition [3]. Group 3: About Robbins LLP - Robbins LLP has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, having obtained over $1 billion in value for shareholders [4].
Robbins LLP is Investigating the Acquisition of Thoughtworks Holding, Inc. (TWKS) by Apax Partners LLP