Shareholders in Standard Life are sitting pretty after the relevant authorities cleared the way for the firm to payout £1.75bn in cash. That comes in the wake of the £2.2bn sale of its Canadian arm last September. That will result in a large outflow of capital, which will nonetheless be compensated
Read more* Company says receives "number of expressions of interest" * Does not identify potential suitors or partners * Shares rise 22 pct after news, but reverse course (Adds background, comment from financial investor, updates share price) By Noor Zainab Hussain Jan 23 (Reuter
Read moreJan 23 (Reuters) - British mobile banking software maker Monitise Plc, which has put itself up for sale, said it has received "a number of expressions of interest". The company said potential transactions included a merger with a third party and a sale of the company. Monitise said on
Read more** British mobile banking software maker Monitise Plc's shares fall 28.75 pct after co says it has put itself up for sale, blaming changes in its business model for its third revenue warning in a year ** Co says it hired Moelis & Co to conduct an "all encompassing" strategic review that in
Read more* Hires Moelis & Co for "all encompassing" strategic review * Company issues third revenue warning in a year * Shares fall more than 20 pct (Adds details, comment from spokesman, updates shares) By Richa Naidu and Noor Zainab Hussain Jan 22 (Reuters) - British mobile ban
Read more(Repeats to widen distribution) By Richa Naidu Jan 22 (Reuters) - Monitise Plc, a British mobile banking technology company, said it was reviewing its strategic options and warned that full-year revenue would be below its expectations, blaming its transition to a subscription-based bu
Read more