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BTGWed, 30th Jan 2019 17:40
LONDON (Alliance News) - BTG PLC on Wednesday said that investment manager Invesco reduced its stake in the FTSE 250-listed healthcare firm on Tuesday to 7.96% from 15.99%.
On the same day, hedge fund Pentwater Capital Management LP now holds a 7.96% interest in BTG. It has not known how much of a stake Pentwater held in the company previously, if any at all.
Shares in BTG closed up 0.1% at 829.07 pence on Wednesday.
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Read moreUK stocks edged higher on Tuesday, despite confirmation of the UK's first deflation since the 1960s. Sector-wise, losses made by miners and telecommunications were offset by strong results from real estate, construction and insurance stocks. As of 2:30GMT, the FTSE 250 was trading 134 points higher
Read moreDespite confirmation of the UK's first deflation since the 1960s, London's blue chip shares passed midday on Tuesday in continuing positive territory. UK inflation fell 0.1% in the year to April, the first annual fall in the consumer prices index since the 1960s. Data from the Office for National S
Read moreHealthcare company BTG reported a drop in pre-tax annual profit, reflecting investments, acquisitions and foreign exchange movements. Pre-tax profit came to £26.7m, down from £33.3m the previous year, the group said. Revenue rose 27% to £367.8m from £290.5m a year earlier, as each division delivere
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