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Pentwater Acquires Stake In BTG As Invesco Reduces 16% Holding (ALLISS)

Wed, 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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2 Apr 2015 08:51

BTG expects higher annual revenue, hikes guidance for 2015

Healthcare group BTG said it expected annual revenue to be "slightly" higher than indicated earlier this year. The FTSE 250 group said expected revenue for the year ended 31 March would be above the previous guidance it provided of £345m to £360m, including revenue from the PneumRx acquisition it co

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2 Apr 2015 07:25

LONDON MORNING BRIEFING: M&S UK Performance Beats Hopes

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2 Apr 2015 06:37

MARKET COMMENT: FTSE 100 Seen Lower; Oil Prices Came Down Overnight

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2 Apr 2015 06:23

BTG Says Revenue To Beat Hopes, Continue Growing Strongly

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1 Apr 2015 10:59

BTG starts selling its products to European hospitals

Healthcare company BTG said it started selling its drug-eluting bead and embolisation products to customers in 11 European countries. The products, DC Bead and Bead Block, will be sold directly to hospitals in Austria, Belgium, France, Germany, Ireland, Italy, Netherlands, Portugal, Switzerland, Spa

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1 Apr 2015 07:18

LONDON MORNING BRIEFING: M&A In Focus In Mid-Cap Sector

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1 Apr 2015 06:45

BTG Starts Direct Sales Of DC Bead, Bead Block Products In Europe

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19 Feb 2015 09:00

BTG Eyes US Investors With Launch Of ADR Programme (ALLISS)

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5 Feb 2015 15:33

BTG boosts full-year guidance thanks to PneumRx acquisition

After currencies moved in its favour and the completion of a recent acquisition, healthcare group BTG has raised its guidance for full-year revenue. Full-year revenue is now expected to range between £345m and £360m, around 4% higher than the previous guidance of £330m to £345m. The FTSE 250 group

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5 Feb 2015 15:15

BTG Increases Revenue Guidance On Acquisition, Currency Impact Reverse

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4 Feb 2015 11:40

UK WINNERS & LOSERS: Hargreaves Lansdown Hit After Profit Drop

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4 Feb 2015 09:41

UK BROKER RATINGS: Numis Cuts Hargreaves Lansdown To Add From Buy

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8 Jan 2015 10:04

BTG confirms completion of US PneumRx pulmonology business

Specialist healthcare company BTG said it had completed its acquisition of US interventional pulmonology business PneumRx, which will cost the FTSE 250 group up to £315m. The acquisition had been conditional on the expiration or early termination of a waiting period under the Hart-Scott-Rodino Act i

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9 Dec 2014 09:23

Tuesday broker round-up

Aberdeen: Cantor Fitzgerald initiates with a target price of 520p and a 'buy' recommendation. Aggreko: Jefferies reduces target price from 1810p to 1350p, downgrading to 'underperform'. Ashcourt Rowan: Cantor Fitzgerald initiates with a target price of 270p and a 'buy' recommendation. Ashmore: Can

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5 Dec 2014 11:55

Friday tips round-up: DS Smith, BTG

Specialist packaging manufacturer DS Smith has proven adept at growing with its clients, acquiring rivals and moving into new niches and geographies. That has seen the company transformed from a maker of paper into a manufacturer of higher-margin specialist packaging. A case in point is the recent a

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