US PE firm Madison Dearborn Partners to buy Australia’s APM in $865m deal – shareandstocks.com
Australia’s APM Human Services International Ltd said on Monday it will be acquired by U.S.-based private equity firm Madison Dearborn Partners (MDP) in a deal valuing the company’s equity at A$1.3 billion ($865.2 million). Under the scheme, shareholders will receive A$1.45 cash per APM share, representing a premium of about 16% to APM‘s last close of A$1.25 on May 30. MDP, also the company’s top shareholder, had…