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Current owners of Meridian--Teksid SpA, Turin, Italy, and Norsk Hydro ASA, Oslo, Norway--have agreed to sell 100% of the equity of the company to the consortium for an enterprise value of $200 million in an all-cash transaction. Evaluating a company's enterprise value is an occupation for a lot of valuation consultants. Program Executive Office Enterprise Information Systems (PEO EIS) announced today that CIO Magazine selected the Standard Procurement System (SPS) as the government winner of the magazine's 14th Annual CIO Enterprise Value Awards. |
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