APM Human Services (APM AU) and US PE-outfit Madison Dearborn Partners, holding ~30%, have entered a Scheme at A$1.45/share, in cash.
That's a 74.7% premium to undisturbed; and a $0.05/share increase over Madison Dearborn's April 8th A$1.40/share NBIO, a price the Independent Board Committee (IBC) previously considered disappointing.
A scrip option is afforded, and Executive Chair, Megan Wynne and CEO, Michael Anghie will take up that option if the Scheme is implemented. The IBC is supportive.
Madison Dearborn Takes APM Back Into The Fold
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