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Totally PLC - Derby-based healthcare service provider that spans public and private sectors - Enters agreement to acquire the entire issued share capital of Pioneer Health Care Ltd, an independent provider of specialist NHS secondary care services. The total consideration is up to £13.0 million on a cash-free and debt-free basis. Fee is to be paid 80% in cash and the remaining 20% will be satisfied by the issue of new ordinary shares in Totally. Says acquisition is immediately earnings enhancing and adds outsourcing capabilities to Totally's portfolio.
Current stock price: 32.50 pence
12-month change: up 0.8%
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