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Synergy Health says no decision yet on US FTC Steris block

Mon, 21st Sep 2015 13:50

(ShareCast News) - Synergy Health said no decision has been made yet on the US Federal Trade Commission's attempt to block the company's takeover by Steris Corp.Synergy is in the process of being taken over by Steris but in June, several key shareholder meetings were postponed by the company after the US FTC said it planned to block the deal on concerns over competition in the market for contract radiation sterilisation services.Synergy and Steris are currently contesting the FTC's move. Synergy said in a statement that although no decision has been made, it is now taking steps to convene meetings to facilitate a timely closing of the combination in the event that the FTC's request is denied.At 1356 BST, Synergy shares were up 1.3% at 1,530p.
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Synergy Health reports 7.5% rise in annual turnover, outlook confident

Synergy Health posted a 7.5% jump in full-year revenue despite adverse currency translation effects and said it was well placed to sustain its growth over both the medium and long-term. The group, which provides specialist outsourced support services to health-related markets, reported a 1.6% rise i

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2 Jun 2015 07:57

Tuesday broker round-up

British American Tobacco: JP Morgan reiterates overweight and 4,100p target price. Royal Mail: JP Morgan reiterates neutral stance. Playtech: JP Morgan reiterates buy. Henderson Group: UBS reiterates neutral stance and 275p target. Prudential: UBS reiterates buy recommendation and 1,950p target.

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