Shares in Inditherm (LON:IDM) doubled after the maker of medical heating devices announced a £7.2mln reverse takeover of Inspiration Healthcare.
The stock jumped 2.75p to 5.5p as Inditherm announced the tie-up with medical device maker Inspiration, which distributes products for critical care, specialised surgical procedures and feeding.
The combined company will be known as Inspiration Healthcare Group when it is admitted to AIM, with Inspiration’s shareholders owning 83.3% of the enlarged share capital.
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The stock jumped 2.75p to 5.5p as Inditherm announced the tie-up with medical device maker Inspiration, which distributes products for critical care, specialised surgical procedures and feeding.
The combined company will be known as Inspiration Healthcare Group when it is admitted to AIM, with Inspiration’s shareholders owning 83.3% of the enlarged share capital.
Help employers find you! Check out all the jobs and post your resume.
