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EQT backs out of takeover bid for UK's Oxford Biomedica

Feb 25 (Reuters) - Private equity group EQT EQTAB.ST said on Wednesday it had decided not to proceed with a takeover offer for Oxford Biomedica OXB.L, sending the British cell and gene therapy manufacturer's shares down nearly 10%.

 (Reporting by Ankita Bora in Bengaluru; Editing by Shreya Biswas)

 ((Ankita.Bora@thomsonreuters.com;))

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