Aberdeen Doctors Share Pounds-7.5m Windfall From Buy-Out

The HeraldMay 13, 2005

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Summary


FIVE Aberdeen doctors are to share a windfall of up pounds-7.5m after selling ABID, their occupational health business, to a management buy-out team yesterday.

None of the five was identified yesterday, although Richard Gibson, of Northern Venture Managers, the group which backed the MBO team, insisted not all of the pounds-7.5m would go to the doctors.

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Aberdeen Doctors Share Pounds-7.5m Windfall From Buy-Out

He said "some" of the funds was "working capital", but dec...

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