Animalcare bows to £235 million takeover bid

AIM-listed veterinary products firm Animalcare (ANCR) has agreed a takeover by CPP Paw 2, backed by Charterhouse Capital. The cash offer, at 336p per share or a 36% premium to yesterday’s close, values the business at £235.2 million. ‘A superior outcome’ Animalcare said while it was ‘highly confident’ of its standalone prospects, it had received … Continue reading Animalcare bows to £235 million takeover bid