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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.
Tate&Lyle surprised investors with its full-year pre-tax profit guidance. However, while management has drawn a line under a horrendous 2014 it has a lot of hard work ahead to shore-up investor confidence. The outfit now expects profits of between £230 to £245m, which is "modestly" lower than previo
Read moreDrugs group BTG topped the risers after raising sales forecasts for the year, partly thanks to the acquisition of lung device company PneumRx. Food wholesale retailer Booker also rose after saying it had a "good end to a good year" with a 1% rise in fourth-quarter sales despite ongoing price deflati
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