By Michele Maatouk
Date: Wednesday 24 Feb 2021
LONDON (ShareCast) - (Sharecast News) - Synthomer said on Wednesday that it is not in talks about a possible offer for the company.
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.
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Currency | UK Pounds |
Share Price | 300.50p |
Change Today | -5.50p |
% Change | -1.80 % |
52 Week High | 725.18 |
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Volume | 364,340 |
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