Acromas Holdings Ups Bid for Nestor Healthcare

Private equity group Acromas Holdings has increased its bid for Nestor Healthcare by 10%, to 110 pence per share, Reuters reported. The new terms value Nestor at about 124.1 million pounds ($195.6 million). Under the terms, Nestor would also see a second interim dividend of 2.5 pence per share. Acromas is partly owned by funds advised by Permira and Charterhouse. As of Friday, Nestor said it is in talks with Acromas, Reuters reported, but no formal offer has been received.

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