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Beacon Rise Holdings PLC ( (GB:BRS) ) has issued an update.
Beacon Rise Holdings PLC has announced its entry 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 broader strategy to expand its healthcare portfolio, although it remains subject to due diligence and regulatory approvals. The company’s shares are temporarily suspended from trading due to this and other proposed acquisitions, with future announcements expected as terms are finalized.
More about Beacon Rise Holdings PLC
Beacon Rise Holdings PLC operates in the healthcare industry, focusing on acquiring and managing healthcare-related businesses. The company is engaged in a ‘buy-and-build’ strategy to enhance its market position and deliver shareholder value.
Average Trading Volume: 5,234
Technical Sentiment Signal: Buy
Current Market Cap: £2.08M
See more data about BRS stock on TipRanks’ Stock Analysis page.