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Davy Research

Ergomed

Recommended cash offer

Sep 4 2023, 08:10 IST/BST
Colin Grant
Hammad Anwar CFA
Company Report
5 page(s)

Sectors : Pharma and healthcare

Companies : Ergomed

Ratings and price correct at time of issue.

Ergomed

Closing Price: 1052p
RATING 22/09/22
OUTPERFORM
PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

Person's Name

Hammad Anwar CFA

Analyst

DAVY VIEW

Ergomed has announced a recommended cash offer for the stock from Permira, a private equity company, via a scheme of arrangement. The offer price of £13.50/share is a 28.3% premium to Friday’s closing price and is supported by the founder, Miroslav Reljanovic, who owns 18% of the stock.

View full article

Download full report with analyst certification and important disclosures

Sep 4 2023, 08:10 IST/BST