World News: 06:23 GMT Wednesday 12th June 2019. [Yahoo Business News Feed via SPi World News]
French technology company Dassault Systemes has agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a record deal for Dassault worth $5.8 billion on an enterprise value basis. Dassault Systemes said it was offering $92.25 per share for Medidata, a slight discount to Medidata Solutions' closing price of $94.75 on June 11. Medidata has a stock market capitalization of around $5.9 billion, according to Refinitiv Eikon data, while Dassault Systemes has a market capitalization of around 36 billion euros ($40.8 billion).
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