GlobalData Secures Investment Boost for Healthcare Division
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GlobalData Secures Investment Boost for Healthcare Division

GlobalData (GB:DATA) has released an update.

GlobalData PLC has successfully finalized an investment agreement with Inflexion Private Equity Partners LLP for a minority stake in its Healthcare division, expected to complete on June 28, 2024, with the company receiving approximately £434 million in net cash proceeds. CEO Mike Danson expresses enthusiasm for the partnership, envisioning further growth and innovation through investment in AI and strategic mergers and acquisitions as part of their 2024-2026 Growth Transformation Plan.

For further insights into GB:DATA stock, check out TipRanks’ Stock Analysis page.

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