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  5. IntegraFin Says No Intention To Make Offer For Nucleus Financial

Pin to quick picksIntegraFin Holdings Share News (IHP)

IntegraFin Holdings Information

Share Price Information for IntegraFin Holdings (IHP)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 354.50
Bid: 351.00
Ask: 354.50
Change: 4.50 (1.29%)
Spread: 3.50 (0.997%)
Open: 355.00
High: 355.00
Low: 345.00
Prev. Close: 350.00
IHP Live PriceLast checked at -

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IntegraFin Says No Intention To Make Offer For Nucleus Financial

Mon, 04th Jan 2021 17:38

(Alliance News) - IntegraFin Holdings PLC on Monday said it has no intention to make an offer for Edinburgh-based financial wrap platform Nucleus Financial Group PLC.

In December, the FTSE 250-listed investment platform confirmed it was reviewing the possible acquisition of Nucleus, adding that any offer made will likely be in cash. This was as Nucleus announced the receipt of a takeover proposal from private equity firm Epiris LLP.

However, on Monday IntegraFin said discussions have resulted in it declining to make an offer.

Shares in IntegraFin closed 0.7% higher at 560.12 pence each on Monday in London. Nucleus Financial shares closed 1.1% higher at 178.00p each.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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