High Court Of Justice Sanctions BTG Takeover By Boston Scientific

Thu, 15th Aug 2019 15:58

(Alliance News) - Healthcare company BTG PLC on Thursday said the High Court of Justice in England and Wales made an order sanctioning its takeover by Bravo Bidco Ltd.

In November, US medical devices manufacturer Boston Scientific Corp agreed to acquire BTG for 840 pence cash via its acquisition vehicle Bravo Bidco for each BTG share.

The acquisition will become effective on Monday next week, with BTG's shares to be cancelled the day after.

Shares in BTG were flat at 839.50p each on Thursday in London.

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