July: Helm Corporation
British Tribal group takes over Helm Corporation
In July, British company Tribal Group acquired a majority equity stake in Co Down consultancy, The Helm Corporation, for stg£15.1 million (€19 million) plus shares. Tribal acquired 72 per cent oft he issued share capital of Helm Corporation from its existing management team.
The deal included an agreement with Helm shareholders that allowed Tribal to acquire the outstanding shares in the company from 2011 on the basis ofa pre-agreed price formula. Senior management at Helm...
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