Tungsten Corp to be taken over by Sweden's Pagero in £61.5m deal
9th May 2022 12:16
(Sharecast News) - Invoice processing company Tungsten Corp said on Monday that it was withdrawing its backing for a takeover by US buyout group Kofax in favour of a better offer from Swedish smart business network provider Pagero, at £61.5m.
Read moreTungsten surges as Pagero says it's mulling bid
24th Mar 2022 09:03
(Sharecast News) - Tungsten Corp shares surged on Thursday after Pagero Group said it was considering a 45p a share offer for the IT service management company, which has just agreed to be bought by US software group Kofax for 42p a share.
Read moreTungsten shares rise after board receives higher possible offer from Kofax
22nd Feb 2022 16:46
(Sharecast News) - Tungsten Corporation announced an extension to the put-up-or-shut-up deadline on a possible takeover offer from California-based automation software company Kofax on Tuesday.
Read moreTungsten Corporation appoints new chief executive
9th Jun 2021 15:00
(Sharecast News) - Digital finance management software company Tungsten Corporation announced on Wednesday that chief executive officer Andrew Lemonofides, having overseen its recent transformation, would be leaving Tungsten at the end of June and would step down from the board with immediate effect.
Read moreTungsten secures contract with mystery HR software firm
7th Jun 2021 09:47
(Sharecast News) - Software firm Tungsten said on Monday that it had secured a contract with an unnamed "global human resources software leader" to support its new e-invoicing initiative in both Europe and the US.
Read moreTungsten witnesses 'strong momentum' in new sales
4th Jun 2021 09:58
(Sharecast News) - Electronic invoicing firm Tungsten Corporation said on Friday that trading had continued to recover following the initial impact of the Covid-19 pandemic on transaction volumes, with the group witnessing a "strong momentum" in new sales and "recovering" transaction volumes.
Read moreWednesday broker round-up
24th Mar 2021 13:29
(Sharecast News) - WH Smith: JP Morgan downgrades to neutral with a target price of 1,793p.
Read moreMonday broker round-up
14th Dec 2020 13:32
(Sharecast News) - Midwich Group: Berenberg reiterates buy with a target price of 550p.
Read moreTungsten secures new customer win
11th Dec 2020 09:37
(Sharecast News) - Business transaction network provider Tungsten Corp said on Friday that it had secured business process outsourcing firm MSX International as a new customer.
Read moreFriday broker round-up
27th Nov 2020 13:18
(Sharecast News) - GoCo: Deutsche Bank downgrades to hold with a target price of 1,974p.
Read moreTungsten lowers guidance amid 'challenging market conditions'
27th Nov 2020 08:26
(Sharecast News) - Software solutions provider Tungsten warned on Friday that it had experienced "challenging market conditions" during the second quarter of its trading year, leading it to "materially lower" guidance.
Read moreTungsten CFO to leave group
11th Sep 2020 08:56
(Sharecast News) - Electronic invoicing firm Tungsten said on Friday that chief financial officer Chris Allen had asked to step down from both the board and his role, with immediate effect.
Read moreMonday broker round-up
7th Sep 2020 13:36
(Sharecast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 799.0p.
Read moreCanaccord slightly lowers target price on Tungsten
7th Sep 2020 11:32
(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on software and services group Tungsten from 70.0p to 75.0p on Monday as the firm's transformation continues.
Read moreMonday broker round-up
20th Jul 2020 13:32
(Sharecast News) - British American Tobacco: Jefferies downgrades to hold with a target price of 3,000.0p.
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