Mears Group announced today that its offer for Supporta has become unconditional after the acceptance condition by Mears was lowered from 90 per cent to 50 per cent.
Mears had previously announced on 13 January that it received 58 per cent support for its takeover after shareholders representing just over 50 million Supporta stock accepted the offer.
The offer becoming unconditional means Supporta shares are obliged to accept the offer.
Services provider Mears is taking over Supporta to extend its care business.
Allied Healthcare had threatened to launch a rival bid, but pulled out last week.