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Beacon Rise Holdings Terminates Talks on Ergotec Deal

MT Newswires·08/12/2026 01:11:18
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01:11 AM EDT, 08/12/2026 (MT Newswires) -- Beacon Rise Holdings (BRS.L) said Tuesday it ended discussions over its proposed acquisition of Ergotec after determining that key commercial terms were not in shareholders' best interests. The London-listed acquisition company had agreed nonbinding terms for the 950,000 pound-sterling deal in September 2025. Beacon Rise remains focused on completing due diligence and transaction documentation for its previously announced proposed acquisition of a chiropractic business. The company's shares will remain suspended from trading on the London bourse while it considers the potential deal.