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A crunch vote on the Staffordshire company's future came down to the wire but investors eventually backed the 883p per share offer from French private equity firm Archimed.
The Staffordshire company, which was founded in 1969, has backed an 883p per share takeover offer from French private equity firm Archimed.
Staffordshire-based Instem provides IT services used in drug development for the global life sciences market, employing around 500 staff worldwide,
Instem is second UK life sciences company this week to be snapped up by a foreign buyer
Staffordshire-based Instem provides IT services used in drug development for the global life sciences market, employing around 500 staff worldwide,