Cygnet completes buyout

Healthcare Market News (Company News) November 2002Cygnet Healthcare’s chief executive John Hughes and chairman Ken Wilson have completed the repurchase of the 18% of Cygnet’s shares formerly held by institutional investors. A new holding company controlled by them, Cygnet 2002 Limited has purchased 100% of Cygnet’s share capital. The £82m transaction was financed by rollover…

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