Listed software supplier sold for £12m

The sale of Sheffield-based listed firm Electronic Data Processing (EDP) to Eagle Bidco 2018 for £12m has completed. The boards of EDP and Eagle Bidco 2018 reached an agreement on the terms of a recommended cash offer in July. The acquisition was sanctioned by the High Court last week and has completed today. Based in Sheffield, EDP supplies software to the merchanting and wholesale distribution industry. The company, which has a market cap of £11m, also has sites in Runcorn and East Grinstead, with a hosting centre in Milton ... 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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