GlobeOp Financial Services rises on takeover talks

GlobeOp Financial Services, saw its share price soar after confirming recent speculation it is holding discussions with Advent International Corporation and TPG Capital regarding possible offers.

The share price rose to 263p as the firm issued the usual caveat that talks are at a preliminary stage and there is no certainty an offer will be made.

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The firm also believes that the company's share price significantly undervalues its future prospects.

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