Creo Medical Group to raise £5.5m and advance partial divestment

TL;DR

Reports differ across sources; according to finance.yahoo.com, creo Medical Group PLC (AIM:CREO, FRA:1RC, OTC:CMEOF) announced plans to raise approximately £5.5 million through a placing as the medical device company moves to strengthen its balance sheet while pursuing the sale of its remaining stake in Creo Medical Europe.