(Sharecast News) - Oxford Instruments said it had sold its OI Healthcare business in the US to MXR Imaging for a $15m (?11.5m).
Oxford, which supplies industrial companies and scientific research communities, said the sale supports its ongoing strategy to focus on chosen markets with long-term growth drivers "where we can uphold or develop leading positions".
"This sale will allow us to continue enhancing our ability to deliver further growth and margin improvement while maintaining a customer-centric approach," the company said on Monday.
The OI Healthcare business sells, services and rents third-party magnetic resonance imaging and computer tomography machines, with offices in Florida, Michigan and California.
Oxford Instruments (OXIG)12 Jun 2024 09:15
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(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:
