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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.
Anite: Investec places its target price (prev.: 88p) under review, while its hold recommendation remains unchanged. Ashcourt Rowan: N+1 Singer moves target price from 231p to 242p and keeps a buy recommendation. BG Group: Canaccord Genuity raises target price from 1250p to 1450p upgrading from hol
Read moreNews that Shire has rejected a £27bn approach by AbbVie sent shares in the pharmaceutical and healthcare equipment sectors higher on Friday as yet more M&A continued to give sentiment a boost. "A bit of M&A excitement has been just the ticket to enliven trading on what may otherwise have been somet
Read moreLONDON (Alliance News) - Imperial Innovations Group PLC Monday detailed plans to raise up to GBP150.0 million before expenses through a share placing with new and existing investors, as it looks to support its existing portfolio companies, source opportunities to invest in new technologies, and f
Read moreLONDON (Alliance News) - The FTSE 100 closed lower Friday, ensuring that it posted its biggest weekly loss for six weeks, but individual stocks were again in focus as the broader index traded a tight range ahead of the long weekend. "The Federal Reserve, quantitative easing, and low rates a
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