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High Court Of Justice Sanctions BTG Takeover By Boston Scientific

(Alliance News) - Healthcare company BTG PLC on Thursday said the High Court of Justice in ...

Alliance News 15 August, 2019 | 3:58PM
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(Alliance News) - Healthcare company BTG PLC on Thursday said the High Court of Justice in England and Wales made an order sanctioning its takeover by Bravo Bidco Ltd.

In November, US medical devices manufacturer Boston Scientific Corp agreed to acquire BTG for 840 pence cash via its acquisition vehicle Bravo Bidco for each BTG share.

The acquisition will become effective on Monday next week, with BTG's shares to be cancelled the day after.

Shares in BTG were flat at 839.50p each on Thursday in London.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
BTG PLC

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