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Monitise confirms early stage talks to sell content business

Fri, 04th Mar 2016 14:16

(ShareCast News) - AIM-listed mobile payment processor Monitise confirmed on Friday that it is in very early stage discussions regarding a possible disposal of the content business, Markco Media."There is no certainty that a disposal will take place or what the terms of any such disposal may be," it said.At its interim results last month, Monitise had said it would continue to evaluate all assets within the group to ensure they remain core to its proposition.The company bought Markco Media - the parent company of MyVoucherCodes.co.uk - for £55m back in 2014.At 1420 GMT, Monitise shares were up 38% to 3.00p.

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25 Mar 2015 09:44

UPDATE 2-Monitise ends sale process, Buse to become sole CEO

* Founder and co-CEO Alastair Lukies to step down * To focus on Europe, Middle East and North America sales * Will improve under-performing businesses, exit non-core areas * Reiterates 2015 revenue guidance of 90 mln-100 mln stg * Shares fall as much as 22 pct (Adds back

25 Mar 2015 09:12

Monitise fails to find buyer, founder steps down but partners remain supportive

Mobile money innovator Monitise has failed to find a buyer as part of its strategic review, with Elizabeth Buse to lead the group as chief executive as founder and joint-chief executive Alistair Lukies steps down. Buse, a former European executive vice president at Visa, will be joined on the board

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