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COA Coats News Story

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UK's Coats Group bottoms FTSE midcap after $770 million OrthoLite deal

** Shares of British thread manufacturer Coats Group COA.L down 6.5% at 76.8p - top percent loser on the FTSE 250 index .FTMC

** Co on Wednesday agreed to buy footwear insole maker OrthoLite for $770 million

** COA down ~19% YTD

 (Reporting by Yamini Kalia in Bengaluru)

 ((Yamini.Kalia@thomsonreuters.com))

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