IN BRIEF: Tungsten ends takeover talks with potential offeror

Writer,

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Tungsten Corp PLC - London-based electronic invoicing company - Amid several bids for the company, Tungsten has confirmed that one of the unnamed potential competing offerors has expressed no intention to acquire the company and has ended talks.

Earlier in May, Tungsten chose to recommend Pagero's new offer worth £61.5 million, following the withdrawal of Kofax and Project California.

Current stock price: 50.50 pence

12-month change: up 58%

Copyright 2022 Alliance News Limited. All Rights Reserved.