LONDON (Alliance News) - Monitise PLC on Friday confirmed it has received a number of expressions of interest from potential buyers, having put itself up for sale on Thursday.
Monitise said it has received "number of expressions of interest in a range of potential corporate transactions including a merger with a third party or a sale of the company."
It said the talks are at a "highly preliminary stage" and said there is no certainty any deal will take place.
The company put itself up for sale on Thursday after it slashed its revenue guidance for its 2015 financial year and said its loss before interest, tax, depreciation and amortisation is likely to be wider than the year before.
Monitise shares were up 7% at 15.25 pence on Friday afternoon.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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