Provident 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.

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Provident 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.

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Provident 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.

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Provident Financial CFO to take three-month leave of absence

2nd Apr 2019 07:41

(Sharecast News) - Provident Financial's finance chief is set to take three months' leave of absence to undergo surgery.

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Provident 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.

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FTSE 250 movers: Kier crumbles, Inmarsat takes off

20th Mar 2019 15:09

(Sharecast News) - London's FTSE 250 was 0.49% lower at 19,455.35 in afternoon trading on Wednesday, with Kier Group's tumble dragging the index lower.

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FTSE 250 movers: TP ICAP climbs, Wood Group chopped down

19th Mar 2019 15:11

(Sharecast News) - London's FTSE 250 was 0.32% higher at 19,549.12 in afternoon trading, as TP ICAP pushed the index higher.

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Provident Financial swings to profit, reinstates dividend

13th Mar 2019 08:28

(Sharecast News) - Doorstep lender Provident Financial - which is currently fending off a hostile £1.3bn bid from smaller rival Non-Standard Finance - said on Wednesday that it swung to a profit in 2018 as it restored its dividend.

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Provident 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.

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Non-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.

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FCA 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.

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Provident Financial says regulatory issues resolved, reiterates NSF rejection

6th Mar 2019 09:14

(Sharecast News) - FTSE 250 doorstep lender Provident Financial said on Wednesday that it has "substantially resolved" its regulatory issues with the Financial Conduct Authority as it outlined its growth plans after rejecting a £1.3bn takeover offer from smaller rival Non-Standard Finance.

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Monday broker round-up

25th Feb 2019 13:44

(Sharecast News) - WPP Group: Shore Capital Markets upgrades to buy.

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Provident 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".

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Wednesday 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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