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The Exchange parent sold

Vertex Data Science Ltd is to buy The Exchange parent Marlborough Stirling, subject to shareholder approval, in a deal worth 95.3m.

Vertex is a wholly-owned subsidiary of United Utilities, a FTSE 100 company.

The Marlborough Stirling Board unanimously recommends that Marlborough Stirling shareholders vote in favour of the scheme.

The scheme is expected to become effective in early May 2005.

Marlborough Stirling chairman Geoffrey Harrison-Dees says: “The business can look forward to an exciting future as part of a larger group well positioned to take
advantage of the excellent market opportunities available.”

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