ECI Partners, a UK mid-market buyout specialist, and the independent directors of Premier Research Group, a contract research business, have agreed an offer for the AIM-listed company for £1 a share in cash, valuing it at approximately £60 million ($118.8 million; €76.9 million).
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Richard Chapman, ECI partner |
Deals are very doable.
The offer is a premium of approximately 38 percent to the closing price of 72.25
