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IN BRIEF: Allied Minds Investee TableUp Acquired By TouchBistro

Wed, 05th Aug 2020 11:57

Allied Minds PLC - US-based intellectual property commercialisation company - Portfolio company TableUp Inc acquired by TouchBistro Inc in stock deal. Terms of the acquisition were not disclosed. A total of 2.5 million shares of TouchBistro will be paid to Allied Minds valued at USD6.0 million. TableUp provides loyalty and marketing solutions for the restaurant industry. TouchBistro Inc is a Toronto-based software company that develops a restaurant point of sale system for Apple Inc's iPad.

Current stock price: 42.68 pence

Year-to-date change: down 17%

By Tapan Panchal; tapanpanchal@alliancenews.com

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ALM.L Share News (ALM)

IN BRIEF: Allied Minds Investee TableUp Acquired By TouchBistro

Earnings, Trading Statements Calendar - Week Ahead

Earnings, Trading Statements Calendar - Week Ahead

Earnings, Trading Statements Calendar - Week Ahead

Earnings, Trading Statements Calendar - Week Ahead

FTSE 250 movers: Miners drag index down, Synthomer spikes higher

LONDON BRIEFING: Stocks Surge On Optimism For Greek Debt Deal

Allied Minds joint venture inks licensing deal with Harvard

Allied Minds Joint Venture Signs Licensing Deal With Harvard

FTSE 250 movers: Betfair hit by downgrade, oil and energy stocks higher

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Allied Minds Adds Former Amgen Chairman And CEO To Board

BROKER RATINGS SUMMARY: Numis Cuts Allied Minds To Add From Buy

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AGM, EGM Calendar - Week Ahead

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IN BRIEF: Allied Minds Investee TableUp Acquired By TouchBistro

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