It looks like CEO Ram Cassis’ MBO bid for Parseq, the AIM-listed amalgamation of Intelligent Environments and Documetric (see here), is on the home straight. The offer has now gone unconditional and the existing board (bar Cassis) has been replaced by non-execs from Cassis’ backer, Nova Capital Management. If all goes according to plan, Parseq will join the AIM ‘Dearly Departed’ early in the new year.
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Cassis offer for Parseq unconditional – sweeps board
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