Jaywing in talks to offload e-commerce arm through MBO

Marketing and consulting business Jaywing said it was in advanced talks to sell its e-commerce arm Tryzens through a management buyout.Tryzens is a digital solutions provider whose clients include a raft of retailers as well as some banks and other financial services businesses. The statement was made in response to the recent rise in Jaywing's share price which gained 27% in the previous two sessions. It was unchanged at 23.5p at 13:12 on Thursday afternoon. The company said a further announcement would be made in due course.TB