Alfa Financial in takeover talks with US PE firm Thomas H Lee Partners
Alfa Financial Software Holdings
151.50p
09:59 30/11/23
0.00%
0.00p
Asset finance software company Alfa Financial Software Holdings confirmed on Wednesday that it is in preliminary takeover talks with US private equity firm Thomas H Lee Partners.
FTSE All-Share
4,061.15
10:45 30/11/23
n/a
n/a
FTSE Small Cap
6,053.71
10:45 30/11/23
n/a
n/a
Software & Computer Services
2,336.46
10:45 30/11/23
-0.38%
-8.82
Responding to press speculation, the company said there can be no certainty that a firm offer will be made.
Earlier, the shares surged after markets blog Betaville reported that Alfa was the centre of a renewed round of takeover rumours.
At 1150 BST, the stock was up 12.8% at 188.39p.