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IN BRIEF: Mediclinic International to exit FTSE 250 on Thursday

Mon, 22nd May 2023 20:00

Mediclinic International PLC - Stellenbosch-based private healthcare provider - FTSE Russell confirms company to be removed from FTSE 250 on Thursday and replaced by BlackRock Greater Euro Investment Trust PLC, an investment trust focused on small, mid and large-cap companies across Europe. Removal follows confirmation that Mediclinic's acquisition by a consortium led by the Johannesburg-listed investment firm Remgro Ltd, which values Mediclinic at around GBP3.7 billion, is to be completed on Thursday.

Mediclinic current London stock price: 499.75 pence, down 0.1% on Monday

12-month change: up 41%

Mediclinic current Johannesburg stock price: ZAR118.35, down 0.5% on Monday

12-month change: up 69%

BlackRock Greater Euro Investment Trust PLC current stock price: 562.00 pence, up 0.9% in London on Monday

12-month change: up 26%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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IN BRIEF: Mediclinic International to exit FTSE 250 on Thursday

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