Focus Solutions in takeover talks
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Financial services software firm Focus Solutions Group has announced it is holding preliminary talks over a possible takeover of the company.
Focus’ customers include Aegon, Prudential, St James’ Place, Tenet and Openwork.
In a statement on the London Stock Exchange Focus says: “The board of Focus Solutions notes the recent movement in its share price and confirms that it is in preliminary discussions which may or may not lead to an offer being made for the entire issued share capital of the company.
“Discussions are at an early stage and there can be no certainty that an offer will be made or as to the terms on which an offer might be made.”
The board says it will update the market in due course.
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