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IN BRIEF: Induction Healthcare Says Horizon Achieves Earn-Out Target

Tue, 01st Sep 2020 18:18

Induction Healthcare Group PLC - healthcare technology company - Announces that Horizon Strategic Partners Ltd has achieved its earn-out target ahead of schedule following its acquisition on November 6. As part of the purchase agreement and as a result of Horizon achieving its earn-out target, a deferred contingent consideration of GBP1.5 million will be paid in cash to its former vendors.

Current stock price: 83.50 pence

Year-to-date change: down 23%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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