ConvaTec surges as Sweden's EQT said to mull bid
Shares in Convatec surged on Tuesday following a report that a number of parties were interested in buying out the London-listed medical equipment maker.
Convatec Group
283.60p
16:40 18/04/24
0.93%
2.60p
FTSE 250
19,450.67
17:14 18/04/24
n/a
n/a
FTSE 350
4,334.00
17:14 18/04/24
n/a
n/a
FTSE All-Share
4,290.02
16:54 18/04/24
n/a
n/a
Health Care Equipment & Services
11,785.09
17:14 18/04/24
3.98%
451.45
According to Swedish business daily Dagens Industri, Swedish private equity group EQT is considering a possible bid for the company.
At 0900 GMT ConvaTec shares were up 8.6% at 145.40p.