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Assetco News

AssetCo's shareholders pledge more support
18 Mar 2011

AssetCo's shareholders pledge more support

AssetCo's major shareholders are rallying round the cash-strapped outsourced fire services provider, ready to chip in with money to boost working capi...

London close: Japanese concerns knock Footsie
14 Mar 2011

London close: Japanese concerns knock Footsie

London closed near to its low for the day as a decline on Wall Street dragged the market lower later in the day and there were concerns about the poss...

Creditors form queue as AssetCo rejects bid
14 Mar 2011

Creditors form queue as AssetCo rejects bid

Cash-strapped outsourced fire services provider AssetCo has rejected an "opportunistic" approach from a third party interested in taking over the comp...

Sunday newspaper round-up: Japan, Kaupthing, RBS...
13 Mar 2011

Sunday newspaper round-up: Japan, Kaupthing, RBS...

Japan's giant car industry has announced a major shutdown as fears grow over the economic impact of Friday's devastating earthquake and subsequent tsu...

AssetCo seeks equity and secures contract
21 Feb 2011

AssetCo seeks equity and secures contract

AIM-quoted outsourced fire services provider AssetCo is trying to raise up to £8m from existing and new shareholders in order to provide the short-ter...

AssetCo ends takeover talks
14 Feb 2011

AssetCo ends takeover talks

AssetCo, the outsourced fire services provider, has ended talks with a potential bidder so it can focus on short term funding issues. The firm, which...

AssetCo trying to secure finance
8 Feb 2011

AssetCo trying to secure finance

Outsourced fire services provider AssetCo has lost all of last week's gain on the back of a potential bid after it admitted that talks with its lender...

AssetCo reveals bid talks
31 Jan 2011

AssetCo reveals bid talks

Outsourced fire services provider AssetCo has confirmed that it is in talks with a potential bidder. Shares in AssetCo jumped 8p to 59.5p when tradi...