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Abzena announced it will be acquired by Astro Bidco, a wholly-owned subsidiary of Welsh, Carson, Anderson & Stowe (WCAS), for approximately £34.4 million ($43.7 million). Shareholders will receive 16p per share, a 167% premium over the trading price.
“Abzena rose 142% following news it is to be acquired by Astro Bidco, a wholly-owned subsidiary of Welsh, Carson, Anderson and Stowe.”distilnfo.com
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