Focus Solutions shares soar as it confirms offer talks

Scott Sinclair
clock

Software provider Focus Solutions, whose major clients include Tenet Group and AWD Chase de Vere, is in preliminary discussions over a possible takeover of the company.

The company issued a statement after its share price soared from 96p to more than 140p yesterday. Talks may or may not lead to an offer being made for the entire issued share capital of the company, the Board said. It added discussions are at an early stage and there can be no certainty that an offer will be made or as to the terms of an offer. Focus Solutions clients include Tenet Group, St James's Place and AWD Chase de Vere, as well as Barclays, HSBC and Bank of Ireland. The company has 29,753,010 ordinary shares of pence each in issue and admitted to trading on the London S...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

As advisers are zigging to AI, how do you zag?

As advisers are zigging to AI, how do you zag?

'Be visible. Be local. Be helpful before you’re needed'

Harry Webster
clock 14 August 2025 • 4 min read
AI in financial services: Hype, hope, or a bit of both?

AI in financial services: Hype, hope, or a bit of both?

'It's important to maintain a healthy dose of scepticism and here's why...'

Doug Boyce
clock 06 August 2025 • 4 min read
Most popular advice tech and adviser AI systems in H1 2025

Most popular advice tech and adviser AI systems in H1 2025

Iress tops the list for advice tech and AI

Isabel Baxter
clock 31 July 2025 • 3 min read