Homeserve denies takeover talks

Homeserve, the troubled emergency home repairs company, has denied it is in talks about a possible takeover.

The firm has lost 42% of its value this year after becoming embroiled in a mis-selling scandal. Call centre staff appear to have overstepped the mark when selling customers "Complete Cover" policies. The company is also on the hook for having weak complaints procedures.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

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

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.