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Castleton Technology In Talks With Potential Acquisition Target

Wed, 27th Jan 2016 16:14

LONDON (Alliance News) - Castleton Technology PLC said Wednesday that it is currently in talks with a potential bolt-on acquisition target that "may or may not lead to a transaction in the near future."

The public sector focused IT managed services and software business said it would make further updates "as and when appropriate."

Shares in Castleton were up 9% at 88.00 pence Wednesday afternoon, having risen to 90 pence earlier in the day.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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