Equiniti revenue slides after shareholder approve takeover

29th Jul 2021 09:29

(Sharecast News) - Financial and administration outsourcing company Equiniti reported an 11.9% fall in revenue in its first half on Thursday, to £214m, with its performance impacted by ongoing disruption to capital markets and the wider economy.

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Tuesday broker round-up

22nd Jun 2021 12:49

(Sharecast News) - United Utilities: Deutsche Bank downgrades to hold with a target price of 1,050p.

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Equiniti appoints Mitie's Andrew Peeler as CFO

22nd Jun 2021 08:50

(Sharecast News) - Equiniti has appointed Andrew Peeler as its chief financial officer with effect from 1 August, succeeding John Stier.

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Thursday broker round-up

27th May 2021 13:15

(Sharecast News) - Blue Prism: Canaccord upgrades to speculative buy with a target price of 1,250p.

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Siris Capital to buy Equiniti in £673m deal

27th May 2021 08:23

(Sharecast News) - Services and payments specialist Equiniti has agreed to be bought by private equity firm Siris Capital in a £673m deal.

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Trading remains mixed at Equiniti

26th May 2021 10:40

(Sharecast News) - Trading remains mixed at Equiniti Group, the financial services firm said on Wednesday, as the pandemic continued to impact clients.

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Thursday broker round-up

29th Apr 2021 13:13

(Sharecast News) - Grafton Group: Canaccord downgrades to hold with a target price of 1,235.0p.

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Equiniti warms to increased £660m takeover approach

28th Apr 2021 09:31

(Sharecast News) - Equiniti said it was likely to accept a takeover approach from Siris Capital valuing the company at about £660m after the private equity group increased its proposed offer.

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Equiniti confirms £620m bid approach from Siris

19th Apr 2021 10:20

(Sharecast News) - Equiniti has received a bid proposal from Siris Capital valuing the business services and payments company at about £620m.

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Equiniti swings to loss in 'very challenging' year

1st Apr 2021 08:27

(Sharecast News) - Equiniti Group reported a 15.1% fall in revenue amid a "very challenging environment" in its final results on Thursday, to £471.8m, as disruption to capital markets and the wider economy caused by the Covid-19 pandemic significantly impacted its performance.

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Equiniti surges as PE firm Siris said to have made 170p a share bid

9th Feb 2021 08:56

(Sharecast News) - Equiniti shares surged on Tuesday following a report that private equity investor Siris has made a 170p a share bid for the services and payments company.

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Equiniti appoints Paul Lynam as new CEO

5th Jan 2021 13:01

(Sharecast News) - Equiniti has appointed Paul Lynam as its new chief executive with effect from 1 April, succeeding Guy Wakeley.

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Equiniti to sell Charter Systems for £1.95m

15th Dec 2020 13:22

(Sharecast News) - Services and payments company Equiniti said on Tuesday that it has exchanged contracts to sell its covert intelligence software business, Charter Systems, to Northgate Public Services for £1.95m.

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Thursday broker round-up

12th Nov 2020 12:38

(Sharecast News) - Compass Group: Jefferies downgrades to hold with a target price of 1,400p.

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Equiniti shares hit record low after profit warning

6th Nov 2020 13:13

(Sharecast News) - Equiniti shares fell to a record low after the services and payments company warned annual earnings could fall by about 30% because of Covid-19 disruption and low interest rates.

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