Nasdaq-listed QuidelOrtho Corporation, a global leader of innovative in vitro diagnostics, has completed the acquisition of LEX Diagnostics for approximately US$100m. LEX Diagnostics is a UK-based molecular diagnostics company and a spin-out of TTP Group, the independent UK-based developer of products and technology across that sectors include healthcare, medtech, and life...
Charterhouse Capital Partners has reached an agreement to acquire all shares of York-based AIM-listed international veterinary sales and marketing organisation, Animalcare, for approximately £235.2m on a fully diluted basis.
Under the terms of the cash offer, each Animalcare shareholder will be entitled to receive 336 pence in cash for each share held, representing a premium of approximately 36% to the closing price of 247 pence per share on 15 April, 27.4% to the three-month VWAP, and 33.3% to the six-month VWAP.
Charterhouse believes Animalcare represents an attractive asset with unique characteristics as a...