LVL Medical France – Suspends Trading Awaiting Announcement

Palais_Brongniart_Paris

Paris Bourse

Update:

LVL have a stock repurchase plan (yet to be approved). The proposed price represents an approximate premium of 30%. More (in French).

LVL Medical, a major homecare provider in France requested Tuesday that it’s shares be suspended from trading pending an announcement on Thursday (September 9, 2010) morning.

More information (in French):

LEAD 1 LVL Medical – Cotation suspendue, communiqué prévu jeudi | Reuters.

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About Frank Barlin

Frank is the founder and managing partner at Sibaya. He provides recognized leadership in homecare consulting and has advised firms ranging in size from those listed on the NYSE and the LSE to early stage startups. Frank’s international experience is broad-based, having spent his professional life based in Europe, the United States and South Africa. Prior to founding Sibaya in 2002 he was European Vice President for a publicly traded healthcare company. In addition he has held various country general management positions and directorships. Recent home healthcare projects include European business development, acquisition strategy and advice, competitive benchmarking, Asian outsourcing and turnaround management. He works out of the Paris office.

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