Carlyle Group to buy Synagro Technologies for 5.76 usd per share |
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Published
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Mon, 29 Jan 2007 15:07 |
LONDON (AFX) - The Carlye Group Inc said it has agreed to buy organic waste recyclying company Synagro Technologies for 5.76 usd cash per share, a 28.6 pct premium to Synagro's closing share price on Friday.The enterprise value of the deal, including the assumption of 310 mln usd in debt, is 772 mln usd.The transaction is expected to close in the second quarter of 2007.newsdesk@afxnews.comrarCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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