LONDON: Camellia Plc sold its shares in BF&M Limited to Bermuda Life Insurance Company Limited for $100 million on 5 December. The sale resulted in a net profit of around £10.7 million for Camellia. The company plans to use the funds to grow its business by investing in its existing companies and exploring new opportunities….
LONDON: Smiths Group plc has sold 1.2m shares in ICU Medical Inc, representing approximately 4.9% of ICU Medical’s issued share capital. Smiths will receive net proceeds of c.$152m (£117m) from the sale which will be used for general corporate purposes. Smiths continues to hold 0.47m shares in ICU Medical representing approximately 1.92% of ICU Medical’s…
LONDON: Roadside Real Estate (AIM: ROAD) has exchanged an unconditional share purchase agreement to sell 952 shares in its subsidiary, Cambridge Sleep Sciences, (“CSS”) for £6,302.53 per share to CGV Ventures 1 Ltd.. The total consideration of £6.0 million implies a significant upside to the Company’s retained shareholding in CSS. The consideration would be wholly…