BUZZ-UK's Advanced Medical Solutions tumbles after TA Associates exits takeover talks
AMANASU ENVIRONMENT CORPORATION
AMANASU ENVIRONMENT CORPORATION AMSU | 0.00 |
** British medical supplier Advanced Medical Solutions' AMSU.L stock plunges 24%; last down 20.2% at 197.2p
** AMS says it remains confident in its standalone prospects and strategy, after TA Associates confirmed on Friday that it does not intend to make an offer for the company
** "While it is hard to draw too many conclusions without knowing more about why TA didn't make an offer, 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," says Andrew Ripper, Panmure analyst
** YTD, stock has fallen about 9%
