7 August 2018 – Consort Medical not to make bid
Consort Medical has announced that following further meetings with Carclo it has decided that making a bid for the company would not be in the interests of its shareholders. As a result, shares in Carclo have fallen sharply although the management team of the company is keen to emphasise the solid long-term prospects at the group. Despite the short term disappointment the shares remain a LONG TERM BUY.