IN BRIEF: Schroder UK Public Private sells Inivata for USD39 million

Mon, 21st Jun 2021 19:23

Schroder UK Public Private Trust PLC - investment firm - Completes the sale of its shares in Inivata Ltd to NeoGenomics Inc. The company says it will receive initial proceeds of USD38.6 million. The company says it intends to use the additional liquidity to support some of its portfolio companies with follow-on capital and will make new investments into both public and private companies.

Current stock price: 31.65 pence

Year-to-date change: up 2.1%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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