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Acquiring Company
Charterhouse
Acquired Company
Animalcare Group
EnglandBiotechnologyHealth CareDescription
Charterhouse has announced its acquisition of Animalcare Group, offering 336p per share in cash, representing a 36% premium. The Animalcare board unanimously supports this acquisition, stating it provides immediate value to shareholders. Animalcare, known for its role in animal health pharmaceuticals, will benefit from Charterhouse's backing. This move aims to secure Animalcare's long-term growth amid economic uncertainty.