27th Mar 2025 11:53
(Alliance News) - Montagu Private Equity LLP on Thursday said it is considering making a takeover offer for Advanced Medical Solutions Group PLC, a Cheshire, England-based surgical dressings company.
Advanced Medical shares jumped 15% in response, to 232.00 pence each on Thursday morning in London, giving it a market capitalisation of GBP507.0 million.
Montagu has until April 24 to announce a firm intention to make an offer, or to announce it does not intend to make an offer.
Montagu is a London-based mid-market private equity firm, focused on management buyouts of performing businesses, with enterprise values usually ranging from around GBP167 million and GBP835 million, or between EUR200 million and EUR1 billion.
By Tom Budszus, Alliance News slot editor
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