Advent International to buy Brammer for 221.5 million pounds

Advent International Corp has agreed a recommended cash offer of 165 pence per share to acquire UK industrial parts distributor Brammer Plc, valuing the deal at 221.5 million pounds.

“Boston-based Advent's recommended cash offer of 165 pence per share represents a premium of 69.2 percent to Brammer stock's closing price on Tuesday.”reuters.com

• 1 source
• reuters.comPE firm Advent to buy UK's Brammer for 221.5 million poundsNov 23, 2016

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