Barkby has signed an exclusive, non-binding heads of terms to acquire the intellectual property of Cambridge Sound Technologies, a privately owned developer of advanced sleep technology products. Barkby will own 75%, with the remaining shares held by the two founders who will remain involved in the business. An initial cash consideration of £0.75m will be paid plus a deferred consideration of up to £5.25m over 5 years subject to certain performance criteria. Management expects the deal to be ear ....