Sanne delivers double-digit organic revenue growth in H1
25th Jul 2022 07:32
(Sharecast News) - Financial services company Sanne Group said on Monday that it had delivered "a strong performance" in the six months ended 30 June, with a return to double-digit organic revenue growth, record new business wins, and continued strong cash generation.
Read moreSanne swings to loss as Apex takeover costs rise
1st Apr 2022 07:43
(Sharecast News) - Corporate services provider Sanne Group reported an annual loss as costs increased due to its yet-to-be-completed takeover by Apex.
Read moreSanne sees full-year new business wins up 40%
17th Dec 2021 07:23
(Sharecast News) - Fund administrator Sanne said on Friday that it expects to report a jump in full-year new business wins amid a recovery in its end markets.
Read moreSanne interim profits dip but revenues rise
14th Sep 2021 09:38
(Sharecast News) - Fund administration business Sanne reported a decline in interim profit on Tuesday but a rise in revenues as it said the good momentum seen in the first half is expected to continue into the second.
Read moreCinven pulls out of race for UK's Sanne
3rd Sep 2021 10:04
(Sharecast News) - Private equity firm Cinven has pulled out of the£1.5bn race to buy UK British asset management services provider Sanne, paving the way for a takeover by US-based fund servicer Apex Group.
Read moreSanne agrees to be bought by Apex in £1.5bn deal
26th Aug 2021 07:51
(Sharecast News) - Fund administration business Sanne has agreed to be taken over by Apex Group in a £1.5bn deal.
Read moreSanne still in talks with Cinven, offer deadline extended
6th Aug 2021 07:46
(Sharecast News) - Sanne said on Friday that it remains in discussions with private equity firm Cinven about a possible offer for the company and that the offer deadline has been pushed back.
Read moreSanne in advanced takeover talks with Apex
2nd Aug 2021 07:59
(Sharecast News) - Fund administrator Sanne said on Monday that it is in advanced talks with Apex Group about a possible takeover at 920p per share in cash.
Read moreLiberum hikes target price on Sanne
30th Jul 2021 12:35
(Sharecast News) - Analysts at Liberum hiked their target price on Sanne from 660.0p to 875.0p on Friday following the group's interim results earlier in the week and due to an updated takeover offer from Cinven.
Read moreSanne acquires European fund administration business, issues H1 trading update
28th Jul 2021 08:14
(Sharecast News) - Asset manager Sanne has acquired the European fund administration business of PraxisIFM Group for £54.0m.
Read moreSanne requests another deadline extension as talks with Cinven continue
9th Jul 2021 14:02
(Sharecast News) - Fund administrator Sanne has asked the UK Takeover Panel for another extension to the date by which private equity firm Cinven must make a firm offer for the company or walk away.
Read moreMonday broker round-up
14th Jun 2021 13:49
(Sharecast News) - Serco: Numis upgrades to buy with a target price of 180p.
Read moreRBC Capital downgrades Sanne, lifts price target after Cinven offer
14th Jun 2021 11:22
(Sharecast News) - RBC Capital Markets downgraded shares of asset management services provider Sanne to 'sector perform' from 'outperform' on Monday, but lifted the price target to 925p from 750p following the latest 875p-a-share takeover approach from Cinven.
Read moreSanne in talks with Cinven over new 875p-a-share offer
11th Jun 2021 07:12
(Sharecast News) - Asset management services provider Sanne Group said it was in talks with Cinven after the buyout firm made a new 875p-a-share offer for the firm.
Read moreSanne rejects £1.3bn approach from Cinven
14th May 2021 07:01
(Sharecast News) - Private equity firm Cinven said its approach to fund administration services provider Sanne about a possible takeover at 830p a share had been rejected.
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