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IN BRIEF: Cello Health Gets Shareholder Approval For Arsenal Takeover

Tue, 4th Aug 2020 09:05

Cello Health PLC - London-based healthcare consulting firm with experts in biotech and pharma strategy, healthcare market research, and medical communications - Gains shareholder approval on Monday for takeover by Value Demonstration UK Holdings Ltd, a company backed by Arsenal Capital Partners V LP and Arsenal Capital Partners V-B LP. Cello is to be bought for approximately GBP178.8 million and Cello shareholders will be entitled to receive 161 pence per Cello share.

Current stock price: 161.00 pence

Year-to-date change: up 20%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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