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IN BRIEF: Court Order Sanctions Arsenal's Cello Acquisition

Fri, 07th Aug 2020 20:11

Cello Health PLC - London-based healthcare consulting firm - Gets court order sanctioning scheme of arrangement for its GBP178.8 million takeover by Value Demonstration UK Holdings Ltd, a company backed by Arsenal Capital Partners V LP and Arsenal Capital Partners V-B LP. Scheme still conditional on delivery of court order to registrar, set to take place Tuesday next week. Shares likely to be suspended that same day and cancelled Wednesday.

Current stock price: 160.00 pence

Year-to-date change: up 19%

By Anna Farley; annafarley@alliancenews.com

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IN BRIEF: Court Order Sanctions Arsenal's Cello Acquisition

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