M&G Investments to reject NSF's hostile bid for Provident Financial
28th May 2019 08:30
(Sharecast News) - M&G Investments will reject Non-Standard Finance's £1.3bn hostile takeover bid for larger rival Provident Financial.
Read moreNon-Standard Finance loan book 'strong', still engaging with Provident shareholders
21st May 2019 08:54
(Sharecast News) - Doorstep lender Non-Standard Finance said on Tuesday that it is continuing to engage with shareholders of larger rival Provident Financial, as it reported "strong" growth in its loan book since the start of the year.
Read moreProvident continues to condemn NSF offer amid lack of shareholder acceptance
10th May 2019 08:26
(Sharecast News) - Provident updated the market once again on the contentious unsolicited officer for its shares from Non-Standard Finance on Friday, reporting that 96% of shares held by independent shareholders had not been assented to the offer.
Read moreProvident Financial clarifies performance targets
7th May 2019 08:18
(Sharecast News) - Provident Financial has advised investors that its recently announced performance targets should not be used to forecast profit as the company continued to resist a hostile takeover.
Read moreProvident Financial hits out at NSF again over unanswered questions
1st May 2019 09:14
(Sharecast News) - Provident Financial hit out at Non-Standard Finance again on Wednesday, accusing the smaller rival of failing to respond to key questions about its £1.3bn hostile offer for the FTSE 250 doorstep lender.
Read moreNSF extends Provident Financial offer deadline, urges shareholders to accept
29th Apr 2019 09:19
(Sharecast News) - Non-Standard Finance has extended the deadline for its £1.3bn hostile takeover offer for larger rival Provident Financial by a week to 15 May and urged the company's shareholders to accept it.
Read moreProvident chairman Snowball weighs in on 'dreadful' NSF bid
16th Apr 2019 08:36
(Sharecast News) - Provident Financial's chairman on Tuesday urged shareholders not to accept a hostile takeover bid from fellow sub-prime lender Non-Standard Financial.
Read moreProvident Financial slams NSF for failing to respond to its concerns
12th Apr 2019 11:03
(Sharecast News) - Provident Financial slammed Non-Standard Standard on Friday for failing to respond to its concerns about the smaller rival's £1.3bn bid for the doorstep lender.
Read moreProvident Financial Group questions NSF's track record
2nd Apr 2019 08:39
(Sharecast News) - Provident Financial group has called into question the merits of the recent hostile takeover bid launched by rival sub-prime lender NSF, including by questioning the company's track record on dividend payouts and distributions.
Read moreProvident Financial urges shareholders to reject NSF offer
25th Mar 2019 07:39
(Sharecast News) - Doorstep lender Provident Financial has once again urged its shareholders to reject a £1.3bn hostile bid from smaller rival Non-Standard Finance, as it announced the appointment of a new managing director of Vanquis Bank.
Read moreProvident Financial says NSF's hostile bid risks jeopardising turnaround
11th Mar 2019 08:00
(Sharecast News) - Doorstep lender Provident Financial said on Monday that the £1.3bn hostile bid from Non-Standard Finance risks jeopardising the company's turnaround after its smaller rival published its offer document over the weekend.
Read moreNon-Standard Finance profits rise as all three divisions perform well
8th Mar 2019 14:39
(Sharecast News) - Doorstep lender Non-Standard Finance - whose £1.3bn bid for larger rival Provident Financial has the backing of 50% of shareholders - said on Friday that full-year profit rose 12% amid strong growth in operating profit in all three of its divisions.
Read moreFCA cautions NSF over regulatory standards in Provident bid
7th Mar 2019 15:58
(Sharecast News) - The Financial Conduct Authority has sent a letter to the chief executive of Non-Standard Finance highlighting the need to stick to regulatory standards after it offered £1.3bn for larger rival Provident Financial.
Read moreProvident Financial rejects 'highly opportunistic' bid from Non-Standard Finance
25th Feb 2019 07:10
(Sharecast News) - Doorstep lender Provident Financial has rejected a £1.3bn offer from smaller rival Non-Standard Finance, calling it "highly opportunistic".
Read moreWednesday broker round-up
16th Jan 2019 13:07
(Sharecast News) - Ashmore group: Berenberg downgrades to hold with a target price of 413p.
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