Advanced Medical to buy wound care firm for £55m

Wound care specialist Advanced Medical Solutions (AMS) is proposing to acquire RESORBA, a wound care business, for €63.8m (£55m).

Wound care specialist Advanced Medical Solutions (AMS) is proposing to acquire RESORBA, a wound care business, for €63.8m (£55m).

To fund the acquisition the firm is placing over 42m shares in AMS at a price of 73p per share to raise £34m.

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