Synthomer says it's not in talks about a possible offer
Synthomer
238.50p
16:45 19/04/24
-1.85%
-4.50p
Synthomer said on Wednesday that it is not in talks about a possible offer for the company.
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The firm's one line press release came after Bloomberg reported that private equity group CVC Capital Partners has been exploring a bid for the chemical producer.
According to Bloomberg, CVC Capital made an initial approach to Synthomer - which makes latex used in medical gloves - to gauge its interest in a deal. It was understood that the two parties aren’t currently holding any negotiations.