Healthcare merger sees share prices diverge

Stock market generic

Source: Shutterstock/ Phongphan

Primary Health Properties share price fell 2.78% on Thursday to 112p after the REIT announced an all-share merger of fellow healthcare property company MedicX.

By contrast, MedicX share price rose 11.15% on the news to 86.25p. The buyout will create a £2.3bn business.

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