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NIOX Group Receives Revised Acquisition Proposal from Keensight Capital

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NIOX Group Receives Revised Acquisition Proposal from Keensight Capital

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The latest announcement is out from Circassia Pharmaceuticals ( (GB:NIOX) ).

NIOX Group Plc has received a revised proposal from Keensight Capital for a potential cash offer to acquire the company at 81 pence per share, following a previous offer of 78 pence per share. The board is considering the proposal, which is subject to due diligence, and has also initiated a private sale process to explore other potential offers, though no firm offers have been made yet.

More about Circassia Pharmaceuticals

NIOX Group Plc is a medical device company specializing in point-of-care asthma diagnosis, monitoring, and management solutions.

YTD Price Performance: -3.49%

Average Trading Volume: 641,108

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £244.8M

For a thorough assessment of NIOX stock, go to TipRanks’ Stock Analysis page.

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