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SNNThu, 04th Apr 2019 16:35
LONDON (Alliance News) - Sanne Group PLC on Thursday said FMR LLC now holds a 5.1% interest in the FTSE 250-listed fund administration services provider.
Prior to this transaction on Wednesday, FMR's holding, if any, was not disclosed.
Sanne shares closed trading 0.6% lower on Thursday at 535.00 pence each.
(Sharecast News) - Asset management services provider Sanne Group said it was in talks with Cinven after the buyout firm made a new 875p-a-share offer for the firm.
Read moreTRADING UPDATES: Sanne rejects Cinvin; BH Macro, BH Global to merge
Read moreTOP NEWS: Carlyle offers GBP958 million for asthma drug maker Vectura
Read moreLONDON MARKET CLOSE: Stocks turnaround as US Fed quells inflation fear
Read moreLONDON MARKET MIDDAY: Inflation fears recede but US retail sales loom
Read moreUPDATE: Sanne rebuffs Cinven takeover approach worth GBP1.3 billion
Read moreLONDON MARKET OPEN: Markets rebound at end of inflation-battered week
Read moreLONDON BRIEFING: Cinven funds make GBP1.4 billion offer for Sanne
Read moreTOP NEWS: Sanne rebuffs Cinven takeover approach worth GBP1.3 billion
Read moreLONDON MARKET PRE-OPEN: Sage lifts organic recurring revenue outlook
Read more(Sharecast News) - Private equity firm Cinven said its approach to fund administration services provider Sanne about a possible takeover at 830p a share had been rejected.
Read morePRESS: Cinven to make GBP1.3 billion takeover bid for Sanne - Sky News
Read moreBROKER RATINGS: UBS double downgrades Purplebricks to sell from buy
Read more