Paul Holland, executive chairman of quotes provider Webline, has responded to market rumours today by stating despite a year of courtship no deals have been signed with any third party relating to an acquisition deal.
The statement comes amid strengthening rumours in the market suggesting the company could become the latest business to be snapped up on the heel of deals involving: Quay Software - acquired by support services giant Capita, The Exchange - bought by Vertex Data Sciences, part of FTSE member United Utilities, Assureweb - taken over by providers Aegon, Clerical Medical, Friends Provident, Norwich Union and Scottish Widows. Holland says there have been a number of serious discussions, but "the jury is still out" and no contracts have been signed yet. IFAonline
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