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Evening Standard
Evening Standard
Business
Alex Daniel

Alliance Pharma to accept £349.7m buyout offer from biggest investor

Alliance Pharma suffered a tumultuous year in 2024 (Ian West/PA) - (PA Wire)

Alliance Pharma has agreed to a £349.7 million pound takeover by DBAY Advisors, its biggest shareholder.

The deal would see shareholders get 62.5p per share, representing a 41% uplift on Alliance Pharma’s closing share price of 44.35p on Thursday.

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