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26 May 2021 | 08:34am StockMarketWire.com - UK stocks edged higher in early trade on Wednesday, buoyed by two takeover deals in the local healthcare sector worth around £1 billion each. At 0822, the benchmark FTSE 100 index was up 5.76 points, or less than 0.1%, at 7,035.55. Private hospital group Spire Healthcare surged 26% to 243.5p on announcing that it had agreed to be acquired by Australia s Ramsay Health Care for £999.6 million. Spire shareholders would receive 240p per share, a 24% premium to the company s latest closing price before the deal was announced. Inhaled-treatment focused Vectura rallied 31% to 160.01p after it agreed to be acquired by by US investment firm Carlyle Group for about £958 million. ....
29 April 2021 | 07:47am StockMarketWire.com - medical technology company Convatec reported an 8.7% rise in revenue in the first quarter, led by strong growth in its advanced wound care and infusion care business. For the three months ended March 2021, revenue rose 8.7% to $500 million year-on-year. Advanced Wound Care revenue was up 8.8% on a reported basis, while Ostomy Care, its second largest business was up 6.7%. Infusion Care revenue increased 13.9%, and continence & critical care revenue was up 7.4%. Looking ahead, the company maintained its full year outlook, citing ongoing macro uncertainties. For 2021, organic revenue growth is expected to be between 3% and 4.5%. Story provided by StockMarketWire.com ....
11 March 2021 | 09:47am StockMarketWire.com - Playtech has announced a 25% fall in its 2020 revenue to €1.07 billion amid a challenging backdrop . It said its financial performance for the year had been resilient with an adjusted EBITDA of €310.0 million, driven by Finalto in the first half of the year, and Core B2B and Snaitech in the second. Mor Weizer, CEO at Playtech, said: We are particularly pleased with the excellent progress we have made in the US market, launching with bet365 and Entain in 2020, and signing milestone agreements with the Greenwood companies in 2021 to license our products in Michigan, Indiana, New Jersey and Pennsylvania. ....
3 March 2021 | 07:54am StockMarketWire.com - Gambling software group Playtech said it had appointed Brian Mattingley as its chairman. Mattingley was currently chairman of rival gambling group 888 and would take up his new role at Playtech on 1 June. He would replace Claire Milne, who had been serving as interim chairman since May. 888, meanwhile, said Jonathan Mendelsohn would become its chairman on 31 March, further its announcement on 23 September, which stated he had joined 888 as chair Designate. Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and company details: ....