4 Feb 2015 11:26
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Don't have an account? Click here to register.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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4 Feb 2015 09:03
London open: Stocks retreat from five-month high, Hargreaves Lansdown falls
London's blue-chip stocks pulled back from a five-month high on Wednesday morning as investors watched developments in Greece and service-sector data from across the globe. The FTSE 100 was down 0.2% at 6,857 early on, as strong gains from Sky and a host of pharmaceutical stocks were outweighed by f
Read more4 Feb 2015 07:42
Synergy Health builds momentum in third quarter
Healthcare outsourcer Synergy Health said it was on track to hit full-year forecasts after growth momentum picked up strongly in the third quarter. The provider of sterilisation services, which is currently undergoing a takeover by US rival Steris Corp, said revenues increased by 11.5% to £105.6m in
Read more15 Oct 2014 15:53
FTSE 250 movers: CSR leads on buy-out deal
CSR shares leapt after fellow chip designer Qualcomm announced it was buying out the company for 900p a share or £1.56bn - a 36% premium to Tuesday's closing price. Infrastructure group Balfour Beatty saw its share price jump after appointing Qinetiq's chief executive officer Leo Quinn to take up th
Read more14 Oct 2014 09:17
Tuesday broker round-up UPDATE
Anglo Pacific: FinnCap upgrades to buy with a target price of 158p. Peel Hunt shifts target price from 196p to 198p retaining its buy recommendation. Ashmore: Canaccord Genuity upgrades from sell to hold with a target price of 300p. Numis cuts target price from 369p to 355p retaining an add rating.
Read more13 Oct 2014 17:00
London close: Mining stocks help lift FTSE to positive finish
Coming off the morning's declines, London-listed stocks ended Monday's session on a relatively upbeat note, thanks to a strong performance by the mining sector on what was a generally quiet day for markets. The FTSE 100 finished near its best levels of the session, closing 26.27 points higher at 6,3
Read more13 Oct 2014 15:27
FTSE 250 movers: Synergy Health soars on Steris Corp buy-out
Synergy Health shares rocketed after it was announced US-based medical technology group Steris Corp. had agreed to buy the UK company for $1.9bn. Synergy shareholders will be paid 439p a share in cash and 0.4308 shares in the newly combined group, valuing shares in the FTSE 250 group at £1.2bn, or 1
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