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Small cap movers: Immunodiagnostic Systems succumbs to agreed bid from PerkinElmer
A look at some of the week s major movers in the small-cap world including - inevitably - Hurricane Energy.
An agreed takeover offer worth £110mln from PerkinElmer made Immunodiagnostic Systems Holdings PLC (LON:IDH) one of the week’s top risers.
The shares rose 47% to 375p, a shade below the 382p a share offer price.
The diagnostics group said that the takeover will allow it to speed up its growth plans while cooperating more closely with existing partner Euroimmun, which is also part of the PerkinElmer group.
An agreed takeover offer worth £110million from PerkinElmer made Immunodiagnostic Systems one of the week s top risers, while Hurricane Energy shares shot up 93 per cent.
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Northern Graphite’s Management Team
Gregory B. Bowes B.Sc. (Geology), MBA, P.Geo. CEO & Director
Gregory Bowes has over 30 years of experience in the resource and engineering industries. He holds an MBA from Queen’s University and an Honours B.Sc., Geology degree from the University of Waterloo. Bowes was senior vice president of Orezone Gold Corporation from February 2009 to June 2010 and was vice president of Corporate Development of its predecessor, Orezone