International group swoops for Sheffield IT supplier

Electronic Data Processing, the Sheffield-based wholesale distribution IT supplier, is set to be acquired by a global group. Eagle Bidco, a newly incorporated company owned by Kerridge Commercial Systems Group (KCS) which employs over 650 staff at offices in the UK, Ireland, the Netherlands, South Africa and North America, serving over 10,000 customers, has agreed terms on a recommended cash offer for the business. EDP Shareholders will be entitled to receive 91p in cash for each share, an offer price which values the entire is... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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