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The latest update is out from Beacon Rise Holdings PLC ( (GB:BRS) ).
Beacon Rise Holdings PLC has entered into non-binding heads of terms for the acquisition of Lyfe Health Isle of Wight Limited, trading as Cowes Chiropractic, for approximately £0.5 million. This acquisition is part of Beacon Rise’s strategy to expand its healthcare services portfolio. The deal is subject to due diligence, regulatory and shareholder approval, and the negotiation of a final share purchase agreement. The company’s shares remain suspended from trading on the London Stock Exchange pending the completion of this and other proposed acquisitions.
More about Beacon Rise Holdings PLC
Beacon Rise Holdings PLC operates in the healthcare industry, focusing on a ‘buy-and-build’ strategy to enhance its portfolio. The company is involved in acquiring businesses that offer chiropractic and physiotherapy services, aiming to deliver shareholder value.
Average Trading Volume: 5,234
Technical Sentiment Signal: Buy
Current Market Cap: £2.08M
For detailed information about BRS stock, go to TipRanks’ Stock Analysis page.