IN BRIEF: Judges Scientific now sole owner of Bordeaux Acquisition

Mon, 27th Jun 2022 15:04

Judges Scientific PLC - London-based scientific-instrument acquisition company - Acquires remaining minority interest in its majority-owned subsidiary, Bordeaux Acquisition Ltd, for GBP2.1 million. Company now holds 100% of Bordeaux. The consideration will be settled through of 29,197 shares at an issue price of GBP68.50 per share.

In 2021, Bordeaux generated GBP2.7 million in adjusted earnings before interest and tax.

Current stock price: 6,805.00 pence, down 0.8% on Monday

12-month change: up 15%

By Heather Rydings; heatherrydings@alliancenews.com

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