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.
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