CVC drops Bodycote pursuit, clearing path for Veritas' $2.5 billion takeover
Reuters reports that CVC Advisers said it does not plan to make an offer for Bodycote, a British thermal processing services group.
TLDR
Reuters reports that private equity firm CVC Advisers said on September 28 it does not plan to make an offer for Bodycote. That ends CVC's pursuit of the British thermal processing services group and clears the path for Veritas' $2.5 billion takeover.
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