Xpertise Group has agreed a 165p a share bid from QA-IQ.
Having failed to get backing for the acquisition of Parity Training it was inevitable that Xpertise’s management would come to an agreement with its larger IT training rival.
The bid values Xpertise at £9.6m.
QA-IQ has acceptances totalling 57.5% of Xpertise’s share capital.
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