Network International posts big increase in 1H sales and free cash flow

10th Aug 2023 08:03

(Sharecast News) - Network International posted big increases both on its topline and in free cash flow for the half.

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CVC consortium not planning to bid for Network International

12th Jun 2023 08:02

(Sharecast News) - CVC Advisers and Francisco Partners Management said on Monday that they do not plan to make an offer for payments firm Network International.

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Canada's Brookfield to buy Network International in £2.2bn deal

9th Jun 2023 08:10

(Sharecast News) - Payments provider Network International said on Friday that it has agreed to be taken over by Canada's Brookfield Asset Management in a £2.2bn deal.

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Network International suitors given more time to make firm offers

1st Jun 2023 07:41

(Sharecast News) - Discussions about a potential £2.1bn takeover are ongoing, Network International Holdings confirmed on Thursday, as a key deadline was extended once again.

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Network International suitor Brookfield given until June to make firm offer

19th May 2023 11:16

(Sharecast News) - Brookfield Asset Management has been given until next month to make an offer for Network International, it was confirmed on Friday, as talks about a potential £2.1bn deal continue.

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CVC consortium gets deadline extension for Network International bid

11th May 2023 09:55

(Sharecast News) - Network International said on Thursday that the 'put up or shup up' deadline for CVC Advisers and Francisco Partners has been extended as it remains in talks with the consortium.

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Jefferies downgrades Network International to 'hold'

24th Apr 2023 10:32

(Sharecast News) - Jefferies downgraded payments firm Network International on Monday to 'hold' from 'buy' and lifted the price target to 400p from 360p as it said that a second non-binding bid by private equity makes a take private more likely.

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Network International confirms rival 400p proposal from Brookfield

21st Apr 2023 07:02

(Sharecast News) - Shares in payments firm Network International surged on Friday after it confirmed it had received a "highly preliminary" rival 400p a share cash offer from Canada's Brookfield Asset Management.

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Network International receives 387p a share takeover proposal

17th Apr 2023 07:14

(Sharecast News) - Payments firm Network International said on Monday that it has received a non-binding takeover proposal from a consortium of CVC and Francisco Partners about a cash offer of 387p a share.

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Network International confirms PE takeover approach, shares surge

13th Apr 2023 14:20

(Sharecast News) - Payments company Network International surged on Thursday as it confirmed it has received a preliminary and conditional proposal from private equity firms CVC Capital Partners and Francisco Partners about a possible takeover offer.

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Network International FY sees revenue, profits grow

9th Mar 2023 08:32

(Sharecast News) - Payments solutions firm Network International said on Thursday that it had delivered both revenue and profit growth in 2022.

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Network International warns of tougher conditions ahead, shares slide

19th Jan 2023 09:39

(Sharecast News) - Network International Holdings posted a jump in fourth-quarter revenues on Thursday, but warned of increasing headwinds for 2023.

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Jefferies initiates coverage of Wise at 'hold'

13th Dec 2022 14:26

(Sharecast News) - Jefferies assumed coverage of the payments & fintech sector on Tuesday, initiating coverage of Wise at 'hold' with a 624p price target.

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Network International backs FY guidance as Q3 revenues rise

19th Oct 2022 07:43

(Sharecast News) - Payments processor Network International reiterated its full-year guidance on Wednesday as it posted a jump in third-quarter revenue.

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Network International launches share buyback after first half growth

11th Aug 2022 10:36

(Sharecast News) - Payments company Network International reported a 31.1% improvement in total revenue in its interim results on Thursday, to $205.03m, or 21% excluding its DPO acquisition.

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