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Bond International Software In Talks To Sell One Or More Divisions

29th Feb 2016 15:52

LONDON (Alliance News) - Bond International Software PLC said Monday that it is in active negotiations to sell one or more of its operating decisions, having concluded its strategic review.

The company said that it has concluded that a programme of divestment would create "maximum value for shareholders." As it is in talks to sell one or more divisions, it has terminated its formal sale process and is no longer in an 'offer period' as defined by UK takeover code.

Shares in Bond International Software are untraded Monday afternoon. They last closed at 109.65 pence.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.


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