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Parexel

Written by Cpl Life Sciences US
June 22, 2017

Parexel International to go private after $5 billion deal

The global biopharmaceutical service provider, Parexel, is being snapped up by private equity group Pamplona Capital Management in a deal valued at approximately $5 billion (including debt) marking further consolidation of the contract research sector. The groups have signed a definitive agreement under which Pamplona will acquire all of the outstanding shares of Paraxel for

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