ConvaTec Share Price Falls as Novo Holdings Dumps 7.8% Stake While LTIMindtree Wins SAP Deal – 18 November 2025
Novo Holdings sold its entire 7.8% stake in ConvaTec for £351 million via a discounted block trade at 227p per share. ConvaTec shares fell 3.5% to 230.8p on Tuesday. The sale leaves Novo with no residual position. LTIMindtree announced a new SAP S/4HANA contract with ConvaTec the same day.