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Intelligent Ultrasound Shareholders Approve Acquisition by Surgical Science

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Intelligent Ultrasound Shareholders Approve Acquisition by Surgical Science

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An announcement from Intelligent Ultrasound Group Plc ( (GB:IUG) ) is now available.

Intelligent Ultrasound Group PLC announced that the shareholders have approved the cash acquisition by Surgical Science Sweden AB, to be executed via a court-sanctioned scheme of arrangement. The approval of this acquisition is a significant step towards its completion, indicating a strategic alignment that could strengthen Intelligent Ultrasound’s market position and expand its operational capabilities, potentially benefiting stakeholders through enhanced resources and market opportunities.

More about Intelligent Ultrasound Group Plc

Intelligent Ultrasound Group PLC is a leading company in the ultrasound simulation and education industry, specializing in real-time high-fidelity virtual reality simulation for ultrasound training. The company offers a range of products including the ScanTrainer obstetrics and gynaecology simulator, HeartWorks echocardiography simulator, BodyWorks Eve for emergency medicine, BabyWorks Neonate and Paediatric simulator, and NeedleTrainer for ultrasound-guided needling, having sold over 1,800 simulators to more than 800 medical institutions globally.

YTD Price Performance: 0.98%

Average Trading Volume: 249,339

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £42.62M

See more insights into IUG stock on TipRanks’ Stock Analysis page.

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