Takeover at Promethean Now Done
Having first been announced in July, the takeover of Promethean by China’s NetDragon has been unconditionally accepted (China’s NetDragon Launches Promethean Bid). NetDragon, through subsidiary Digital Train, will pay £84.1 million ($130 million) for UK-based Promethean, which operates in the education market. The acquired shares represent a 96% stake in the company. Promethean’s chairman, Philip … Read more