Pamplona Capital to acquire Parexel in $5B deal
Parexel said today that it would go private after Pamplona Capital agreed to buy the pharmaceutical research services company in a deal valued at $5 billion.
Pamplona is slated to pay $88.10 per share for Parexel, which is a 5% premium to the stock’s close on Monday.
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The post Pamplona Capital to acquire Parexel in $5B deal appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Sarah Faulkner Tags: Clinical Trials Mergers & Acquisitions Pharmaceuticals Research & Development Wall Street Beat Parexel International Source Type: news
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