Three things you need to know in the financial markets today from investment writer, Tony Cross.
#1. Major contract win for Totally
AIM listed Totally LON:TLY has this morning announced a £700k contract win over 12 months, with an option to extend for a similar period. It’s an insourcing contract for the delivery of Oral and Maxillofacial outpatient and day surgery at an Irish healthcare group and extends an existing relationship with the client.
- Companies Reporting: Watches of Switzerland, Barratt Developments, Currys
- Companies Reporting: Carnival, Halfords, Currys, Moonpig
- Companies Reporting: Vodafone, TUI, easyJet, Currys
#2. Elliott Partners walks away from Currys bid
Elliott Partners has this morning announced that it is walking away from an attempt to acquire the electrical retailer Currys LON:CURY with the suitor noting that it is not in an informed position to make an improved offer on the basis of the information made available to it.
#3. Bidstack shares suspended, administrator appointed
Bidstack LON:BIDS has this morning announced that following its strategic review and unsuccessful attempts to find a buyer for the company, it intends to appoint administrators and shares will be suspended from 7.30am today. Around 200 potential buyers were approached during the sale process.
