Braveheart has offered to buy the UK scientific instrument business in shares worth £111,652
plc () has offered to buy the rest of the shares in Paraytec Limited that it does not already own.
If accepted, Braveheart will take full control of the UK scientific instrument business through the payment of £111,652 worth of shares.
Braveheart currently owns 56% of Paraytec.
The offer is open for acceptance by Paraytec shareholders until the close of business on 30 September.
York-based Paraytec develops specialist detectors for the analytical and life sciences instrumentation market. Its ActiPix technology is used for optical imaging and absorbance measurements of fluid samples flowing in capillaries or fluid flow cuvettes.
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