Alere aren't pursuing their float, one wonders if the valuation they were offered was too low?
http://online.wsj.com/articles/alere-opts-not-to-pursue-ipo-for-bbi-diagnostics-in-u-k-1403108170
Don't know what this means for ADO and BBI's relationship, obviously BBI will have less funds to play with now, but there will be even more pressure on them to innovate and grow the existing business...
PS Gutted for the Socceroo's they've been the better team, hopefully we'll see a miracle come-back in the next 20 minutes.
