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Shareholders OK £251m takeover of N Shields’ Kitwave – Northern Financial Review
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Shareholders OK £251m takeover of N Shields’ Kitwave – Northern Financial Review
Shareholders of North Shields-based “delivered wholesale” business Kitwave Group plc have approved a recommended cash takeover valued at £251 million or £2.95 per share from New York investment company OEP Capital Advisers LP. When the deal was announced last month, OEP partner Ori Birnboim said: “We are thrilled to be announcing this recommended cash acquisition of Kitwave, a high-quality national distribution platform within the attractive UK …
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