Jaywing Rallies Again As It Confirms Talks To Sell Online Commerce Unit

Thu, 03rd Oct 2013 09:03

LONDON (Alliance News) - Jaywing PLC Thursday said it is in advanced talks to sell its online commerce business Tryzens to the unit's management, responding to a recent big move in its share price in recent days.

The company's shares were up 14% at 26.8 pence Thursday morning, one of the biggest movers on the London market. Its stock has been rallying since Tuesday.

It didn't give any further details.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

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