Ticker BTG

Today's data summary

Market closed
% change
Price Pence
As of 04:09 20 Feb 2019
Market cap. Pound sterling
3,217.80 million
As of 04:09 20 Feb 2019

Latest updates

British medical firm BTG to sell for £3.3bn to US rival

Medical microscope
Getty Images

British medical technology group BTG looks set to be snapped up by US medical devices company Boston Scientific in a £3.3bn deal.

Boston has offered 840p a share which represents a premium of 36.6% to BTG’s close of 615p on Monday.

BTG said it plans to recommend the deal to its shareholders as it considers the terms to be fair and reasonable.

Its shares climbed 34% to 824p on the news.