The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTUNG.L Share News (TUNG)

  • There is currently no data for TUNG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Tungsten Corp bidder Kofax agrees to takeover itself

Wed, 27th Apr 2022 17:50

Tungsten Corp PLC - London-based electronic invoicing company - Notes that bidder Kofax Inc has agreed to be taken over by Clearlake Capital and TA Associates. The takeover is agreed upon without the approval of Tungsten's board.

In late March, Irvine, California-based Kofax, which first approached Tungsten in December with an offer of 40 pence per share, said it had agreed a 42p offer with Tungsten's board.

Current stock price: 46.00 pence

12-month change: up 45%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
14 Jun 2018 13:12

Tungsten Corp Regrets Potential Shareholder Move To Change Board

LONDON (Alliance News) - Tungsten Corp PLC on Thursday lamented a potential shareholder requisition to remove its senior team, responding to a report from Sky News on Wednesday.Tungsten LLP

Read more
30 Jan 2017 12:05

DIRECTOR DEALINGS: Tungsten Non-Executive Director Buys Shares

Read more
22 Dec 2016 07:32

Tungsten completes £30m sale of its bank to Wyelands

(ShareCast News) - Tungsten Corporation, an e-invoicing network, completed the sale of its bank to Liberty house tycoon Sanjeev Gupta's Wyelands Holdings for close to £30m. After completion on Wednesday, the AIM-listed company received the final £25m cash for the sale of Tungsten Bank, now renamed W

Read more
16 Nov 2016 08:19

Tungsten Bank gains regulatory approval to be sold to Wyelands

(ShareCast News) - Tungsten Corporation, an e-invoicing network, has received UK regulatory approval to sell its bank to Liberty house billionaire Sanjeev Gupta's Wyelands Holdings for £30m, which is expected to complete on 21 December. The sale of Tungsten Bank has gained regulatory approvals from

Read more
1 Nov 2016 08:41

Tungsten Bank Sale Nearly Complete, Awaiting Regulatory Approvals

Read more
13 Oct 2016 12:12

HMRC erroneously applies to wind-up Tungsten subsidiary

(ShareCast News) - Tungsten Corporation was the subject of an administrative tax error, it said on Thursday, after a notice was published in the London Gazette on 10 October regarding an application for a winding-up order made against a subsidiary, Tungsten Network Limited. The AIM-traded firm said

Read more
9 Sep 2016 15:05

UK Shareholder Meetings Calendar - Next 7 Days

Read more
25 Jul 2016 15:16

Tungsten Corp. narrows full year loss

(ShareCast News) - Online invoice group Tungsten Corp. narrowed its full year losses as revenue grew on the back of higher total invoice volumes. The earnings before interest tax, depreciation and amortisation (EBITDA) loss fell to £18.7m in the year to 30 April 2016 from a loss of £25.2m in 2015. R

Read more
25 Jul 2016 08:24

Tungsten Corp Expecting Better Year After Reporting Wider Loss

Read more
18 Jul 2016 15:07

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
24 May 2016 09:17

Tungsten Corp Plans Credit Facility In Case Of Delay To Bank Sale

Read more
17 May 2016 15:08

Earnings, Trading Statements Calendar - Week Ahead

Read more
21 Mar 2016 07:58

Tungsten rejects Truell offer as he resigns from board

(ShareCast News) - Payments invoicer Tungsten Corp said on Monday that it has rejected an offer from former chief executive Edi Truell, who has now resigned from the board. Tungsten said it received an outline of a new transaction from Truell on Saturday, which did not involve an offer for the compa

Read more
21 Mar 2016 07:44

Tungsten Confirms Truell Resignation And Asset Offer But Rejects Bid

Read more
21 Mar 2016 06:49

PRESS: Truell To Step Down From Tungsten To Make Bid For Assets - Sky

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.