 |
BioWorld-International-2003-04-02
ReNeuron's Backers Taking It Private In Face Of Cash Crunch
ReNeuron's Backers Taking It Private In Face Of Cash Crunch
ReNeuron Holdings plc, the UK's only quoted stem cell company, is being taken private by its venture capital backers, the Merlin Consortium, in a recommended cash offer of 10 pence per share, valuing ReNeuron at £3.6 million (US$5.7 million). (BioWorld International)