August 7, 2019 / 10:43 AM / 3 months ago

Permira Funds to buy contract manufacturer Cambrex in $2.4 bln deal

Aug 7 (Reuters) - Contract development and manufacturing company Cambrex Corp said on Wednesday it was being bought by an affiliate of private equity firm Permira Funds in a deal valued at about $2.4 billion, including net debt.

The all-cash offer of $60 per Cambrex share represents a 47% premium to the stock’s Tuesday close. (Reporting by Aakash Jagadeesh Babu in Bengaluru; Editing by Sriraj Kalluvila)

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