Cancer drug specialist Clinigen agrees to £1.2bn takeover

Shares soar after board recommends offer from private equity firm Triton Investment Management

The cancer drug specialist Clinigen has agreed to a £1.2bn takeover deal from a London-based investment firm, becoming the latest big British company to be taken private.

Triton Investment Management has offered to pay 883p a share for the company, whose main product is the acquired cancer medicine Proleukin.

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