(Alliance News) - Mediclinic International PLC said on Friday that the consortium led by the Johannesburg-listed investment firm, Remgro Ltd, had completed the acquisition of the healthcare group. Read More
Mediclinic International PLC - Stellenbosch-based private healthcare provider - Says High Court of Justice of England and Wales sanctions takeover by consortium led by Johannesburg investment firm Remgro Ltd. Deal values Mediclinic at around GBP3.7 billion. Consortium comprises MSC Mediterranean Shipping Co SA subsidiary SAS Shipping Agencies Services Sarl and Manta Bidco Ltd, a newly formed company owned by Remgro and SAS. Consortium in August 2022 announced agreement on terms of Bidco's cash offer for all Mediclinic shares not already owned by Remgro subsidiaries. Scheme of arrangement was sanctioned by High Court following a hearing yesterday. The sanction will take effect tomorrow, one business day later than specified in Mediclinic's timetable announced on Tuesday last week. Suspension of trading in Mediclinic shares in London is expected to take effect tomorrow, with cancellation effective next Tuesday morning. Shares also will be suspended in Johannesburg and Sydney, effective tomorrow, with cancellation effective June 7. Read More
(Alliance News) - Ocado Group PLC's five-year stint in London's top-flight index is under threat, after a tough run which has seen the grocer's shares plunge 35% since the turn of the year. Read More
Mediclinic International PLC - Stellenbosch-based private healthcare provider - FTSE Russell confirms company to be removed from FTSE 250 on Thursday and replaced by BlackRock Greater Euro Investment Trust PLC, an investment trust focused on small, mid and large-cap companies across Europe. Removal follows confirmation that Mediclinic's acquisition by a consortium led by the Johannesburg-listed investment firm Remgro Ltd, which values Mediclinic at around GBP3.7 billion, is to be completed on Thursday. Read More
(Alliance News) - Mediclinic International PLC said on Tuesday it expects its acquisition by a consortium led by the Johannesburg-listed investment firm Remgro Ltd to be completed on Thursday next week. Read More
(Alliance News) - Mediclinic International PLC said on Monday it expects the takeover by a consortium led by the Johannesburg-listed investment firm Remgro Ltd to be completed in May after getting competition approval in South Africa. Read More
Mediclinic International PLC - Stellenbosch-based private healthcare provider operating in Switzerland, southern Africa, and the Middle East - Chief Operating Officer Koert Pretorius sells 75,000 shares at ZAR104.21, worth ZAR7.8 million, or GBP370,600, on Monday in Johannesburg. Read More
(Alliance News) - Mediclinic International PLC on Wednesday said "pronounced seasonality" hobbled its top-line growth in a half-year that was also marked by tough macro-economic environment. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - London shares price made some gains on Thursday morning, though these fell well short of the market rise seen on mainland Europe, as traders in London showed signs of trepidation leading up to the Bank of England's interest rate decision. Read More
(Alliance News) - Mediclinic International PLC announced on Thursday it had accepted a sweetened offer from a consortium led by the Johannesburg-listed investment firm Remgro Ltd. Read More
(Alliance News) - The FTSE 100 underperformed European peers and traded sideways in early dealings on Thursday, with the Bank of England to take centre-stage during a week that so far has been dominated by tensions between the US and China. Read More
(Alliance News) - Stock prices in London are seen opening ever-so-slightly higher, falling short of the more convincing gains seen in Asia, with investors wary ahead of the latest Bank of England interest rate decision. Read More