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Posted September 18. 2017 1:12PM

NH-based Pax sold to Impax

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The philanthropic Shadek family, who were Pax's largest shareholders, will receive $44.2m on the closing of the transaction and up to $31.3m in contingent payments.

“Like Impax, Pax has a long track record as a pioneer in sustainable investing and a strong team of highly experienced investment management and support staff,” said Ian Simm, founder and chief executive of Impax.


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