(Sharecast News) - Payments firm Network International said on Monday that it has received a non-binding takeover proposal from a consortium of CVC and Francisco Partners about a cash offer of 387p a share.
This follows a series of prior proposals that were rejected.
Network said that having "carefully evaluated" the proposal with its financial advisers, it has concluded that it would be minded to recommend it should a firm intention to make an offer be announced.
"As such, the board has agreed to provide the consortium with access to confirmatory due diligence," it said.


(Alliance News) - Rotherham, England-based regenerator of land and property Harworth Group PLC has replaced Network International Holdings PLC in the ...


Network International Holdings PLC - Dubai-based provider of payment products and services - BCP VI Neptune Bidco Holdings Ltd, indirectly owned by Br...


(Alliance News) - Rotherham, England-based regenerator of land and property Harworth Group PLC has replaced Network International Holdings PLC in the ...


Network International Holdings PLC - Dubai-based provider of payment products and services - BCP VI Neptune Bidco Holdings Ltd, indirectly owned by Br...


(Alliance News) - Network International Holdings PLC on Thursday noted a challenging external economic environment but highlighted that the longer-ter...


(Alliance News) - Network International Holdings PLC announced on Wednesday that the deadline for its acquisition by BCP VI Neptune Bidco Holdings Ltd...


(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported...


Network International Holdings PLC - London-based Middle East and Africa-focused payments provider - Updates on planned takeover by Brookfield Asset M...