NAHL fails to sell critical care business Bush & Co despite interest
NAHL Group PLC shares slumped on Thursday as it said it has failed to sell its critical care business Bush & Co despite interest from a ‘wide variety of potential bidders’.
Shares in NAHL were down 7.8% at 53.00 pence in London on Thursday afternoon.
The Kettering, England-based consumer marketing services provider focused on the legal services sector said it received detailed proposals and had lengthy discussions with two final parties.
These discussions have now ceased.
NAHL said its board concluded that neither proposal delivered ‘appropriate value to shareholders’. The board is considering its options.
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