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Birch Hill Equity Partners agreed to buy about 72.1% of industrial valve manufacturer Velan from the Velan family for C$13.10 per share, roughly C$204 million in gross proceeds. Closing is expected in the first half of 2026.
“Birch Hill will acquire the shares, representing about 72.1 percent of the company's outstanding shares and 92.8 percent of its voting rights, for C$13.10 per share.”privateequityinternational.com
Summarized from public sources; check the original articles before acting on it.