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Carlyle in talks on $770 mln takeover of UK's Innovation Group

Discussion in 'Fundamental Analysis' started by Sandra S., Sep 1, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    LONDON, Aug 28 (Reuters) - U.S. private equity firm Carlyle is in advanced talks about buying Innovation Group for 40 pence a share in cash, valuing its equity at almost 500 million pounds ($769 million), the British software company said on Friday.

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