Aimco in negotiations to buy Candover

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The Alberta Investment Management Corp., which manages C$70bn in assets for Alberta pensions and other institutions, is in negotiations to take over UK-based buy out firm Candover.

In a statement yesterday, Candover said an offer price would not exceed the company's last reported net asset value per share of £10.38. Candover did not name the potential buyer, but a source fami...

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