BAY Advisors is acquiring Alliance Pharma for £350 million as the AIM market faces decline.

Specialty drugs company Alliance Pharma is being taken private by its largest shareholder, BAY Advisors, for £350 million. The move comes as the AIM market struggles, facing high costs, bureaucracy, and low liquidity, leading to a significant loss of companies. Policymakers and industry leaders urge urgent action to maintain AIM's relevance for innovation and enterprise.

2 months ago
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