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Evening Standard
Evening Standard
Business
Holly Williams

BIZARRE: Alliance pharma agrees 362m takeover by biggest shareholder - You Need To See This

Healthcare firm Alliance Pharma has backed a sweetened £362 million takeover offer by its largest shareholder and activist investor DBay Advisors (Kirsty O’Connor/PA) - (PA Archive)

Healthcare firm Alliance Pharma has backed a sweetened £362 million takeover offer by its largest shareholder and activist investor DBay Advisors.

The deal – the sixth by DBay – will see shareholders get 64.75p a share, up from the original offer worth 62.5p a share, or £349.7 million.

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