Staffordshire-based Instem bought by private equity group for £203m
by Mark Sweney from World news | The Guardian on (#6EA1M)
Instem is second UK life sciences company this week to be snapped up by a foreign buyer
London-listed Instem has been taken private in a 200m deal marking the second British life sciences company this week to be snapped up as foreign buyers target the UK for cheap takeover deals.
The Staffordshire-based company, which provides IT services used in drug development for the global life sciences market, has been acquired by French healthcare-focused private equity group Archimed SAS for 203m.
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