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IntegraFin Says No Intention To Make Offer For Nucleus Financial
(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.
Latest NUC News
- IN BRIEF: Nucleus Financial names new leadership post takeover
7 Sep 2021 - IN BRIEF: Nucleus Financial sets delist date after James Hay takeover
23 Aug 2021 - AJ Bell seeks new CFO after internal promotion, adds non-exec director
18 Aug 2021 - IN BRIEF: Nucleus Financial's takeover by James Hay now unconditional
6 Aug 2021 - TRADING UPDATES: Luceco tops guidance; Jadestone seals Malaysia buy
16 Jul 2021 - Nucleus posts solid second-quarter performance
16 Jul 2021 - UK shareholder meetings calendar - next 7 days
20 May 2021 - TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million
5 May 2021
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NUC.L News
IN BRIEF: Nucleus Financial names new leadership post takeover
IN BRIEF: Nucleus Financial names new leadership post takeover
IN BRIEF: Nucleus Financial sets delist date after James Hay takeover
IN BRIEF: Nucleus Financial sets delist date after James Hay takeover
AJ Bell seeks new CFO after internal promotion, adds non-exec director
AJ Bell seeks new CFO after internal promotion, adds non-exec director
IN BRIEF: Nucleus Financial's takeover by James Hay now unconditional
IN BRIEF: Nucleus Financial's takeover by James Hay now unconditional
TRADING UPDATES: Luceco tops guidance; Jadestone seals Malaysia buy
TRADING UPDATES: Luceco tops guidance; Jadestone seals Malaysia buy
Nucleus posts solid second-quarter performance
(Sharecast News) - Wrap investment platform provider Nucleus reported a 19.2% year-on-year improvement in assets under administration for its second q...
UK shareholder meetings calendar - next 7 days
UK shareholder meetings calendar - next 7 days
TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million
TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million
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