Carillion takeover talk boost to shares
Carillion shares jumped more than 5% after the infrastructure giant confirmed it had received multiple takeover bids for its UK healthcare business.
The company issued a market statement after a spate of media speculation about a possible sale, having flagged up in its half-year report that dis-
“Multiple takeover bids for its UK healthcare business”
cussions regarding its UK and Canadian healthcare businesses were “ongoing”.
“The Board of Carillion confirms that, consistent with Carillion’s announcement on September 29, 2017, it has received proposals from more than one credible counterparty for a possible acquisition of that business,” the company said.
“A further announcement will be made as and when appropriate.”
It sent Carillion shares up more than 5% or 2.5p to 46p in afternoon trading.