Intelligence solutions provider Datong has decided that it would be in the best interests of the company's shareholders to seek potential offers by means of a formal sale process.
The company, which has its headquarters in Leeds and partners around the world, reported that it had been approached by a potential buyer.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The company said that interested parties would be required to enter into a non-disclosure agreement with the company, on reasonable terms satisfactory to the board, before being permitted to participate in the process.
MF
-
HMRC confirms crypto ETN ISA rulesWith crypto ETNs now technically available for UK retail investors, HMRC has confirmed they can be held in an ISA – but there’s a complication
-
Pensioners targeted in fine wine scams – the tactics to watch forWine has emerged as the latest lure in investment fraud, with pensioners being specifically targeted by scammers
