UK's PureTech Health falls after Nordic Capital exits deal talks

ReutersApr 8, 2025 10:32 AM

London-listed shares of PureTech Health PRTC.L fall as much as 13.7% to 119.2p - top decliner across London stocks

Nordic Capital XI says it does not intend to make an offer for the British company after it rejected a previous proposal

Details of the proposal were not disclosed

PRTC has fallen about 8% so far this year

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

From 14.2 Billion to 21 Billion, Why Meta Continues to Bet on CoreWeave?

TradingKey - On April 9, AI cloud computing provider CoreWeave (CRWV) announced a long-term partnership agreement valued at $21 billion with Meta (META). The company will provide Meta with dedicated AI cloud computing capacity, with the service term extending through December 2032.

What is the CLARITY Act? 2026 Guide to US Crypto Regulation and Stablecoin Yield Rules

The CLARITY Act is no longer just a "stand-alone bill"; it is the barometer for the future of American financial innovation. While the "smart money" is betting on a breakthrough this April, the path to the President's desk remains a "brutal slog." For the crypto industry, the next six weeks will det

Why Meta Stock Jumped Today — And Whether 2026 Is Still a Time to Buy

TradingKey - Since reaching a historical low at the start of the year, Meta Platforms (Meta) has shown signs of life again. Positive headlines around a ceasefire agreement in Iran reduced macroeconomic tension, leading successfully to a rally in risk assets like the entire U.S. stock market. As a re

Samsung, SK Hynix Pivot to 3-5 Year Long-Term Agreements in Bid to Break Memory ‘Cycle Curse’—What Stocks Will Benefit?

TradingKey - South Korean media reported on Thursday that domestic memory giants Samsung Electronics and SK Hynix are gradually moving away from traditional short-term contract systems focused on quarterly and annual terms, shifting instead toward 3-to-5-year Long-Term Agreements (LTAs). Why do Sams

Amid Memory Chip Supercycle, Buy Individual Stocks or ETF?

TradingKey - The memory chip market in Q1 2026 is undergoing a once-in-thirty-year super cycle. DRAM contract prices have surged by over 90% QoQ, while NAND prices have risen by more than 50%. For the first time, Microsoft and Google have signed three-year long-term agreements with memory manufactur

Featured Tools