Intelligent Ultrasound Group Plc (GB:IUG) has released an update.
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Shareholders of Intelligent Ultrasound Group plc have overwhelmingly approved the sale of the company’s Clinical AI division to GE HealthCare for £40.5 million, a deal that significantly values the business above its recent share price. The transaction, which is pending regulatory approval, is expected to finalize later in the year and could lead to a substantial return of capital to investors. The move highlights the company’s successful AI product offerings and is aligned with its commitment to enhancing the usability of medical ultrasound technology.
For further insights into GB:IUG stock, check out TipRanks’ Stock Analysis page.
