UPDATE 1-UK's Advanced Medical Solutions tumbles after failed buyout talks

AMANASU ENVIRONMENT CORPORATION

AMANASU ENVIRONMENT CORPORATION

AMSU

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Adds shares, analyst comments, details and background throughout

- Shares in Advanced Medical Solutions AMSU.L fell as much as 24% on Monday, after private equity firm TA Associates confirmed it would not make an offer for the British medical supplier.


Here are some details:

  • TA Associates did not provide a reason for walking away from the deal

  • Advanced Medical Solutions, which develops and supplies wound‑care dressing technologies, said it remains confident in its standalone prospects and strategy

  • In April, the firm said it was in negotiations with TA Associates over a potential takeover

  • The company had attracted private equity interest in the past, including from Bridgepoint, according to media reports

  • Analysts at Panmure Liberum said the failed approaches raise questions about why firms are unwilling to follow through on a deal, whether due to pricing disagreements or broader concerns about the business

  • "It's not a good look, and inevitably, the market is going to worry about why PE don't want to pull the trigger on AMS" - Panmure Liberum

  • Shares were down 20.2% at 197.2 pence at 0801 GMT

  • Private equity interest in UK-listed companies is rising as firms look to capitalise on relatively low valuations