Alfa Financial in takeover talks with US PE firm Thomas H Lee Partners
Alfa Financial Software Holdings
175.40p
16:49 26/04/24
3.06%
5.20p
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.
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16:59 26/04/24
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2,441.17
16:59 26/04/24
2.12%
50.60
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.