Iomart no longer in talks over PlusServer acquisition
AIM-listed cloud computing company Iomart said on Tuesday that it is no longer in talks regarding the potential acquisition of German managed hosting company, PlusServer.
FTSE AIM 100
3,766.82
17:04 08/05/24
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FTSE AIM 50
4,078.78
17:04 08/05/24
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FTSE AIM All-Share
779.83
17:04 08/05/24
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Iomart Group
129.00p
16:40 08/05/24
3.20%
4.00p
Software & Computer Services
2,519.96
16:39 08/05/24
0.43%
10.79
Last month, the group responded to press speculation and confirmed that it was one of a number of parties in early stage discussions regarding the acquisition of PlusServer. It said at the time that there could be no certainty the discussions would lead to a deal.
At 1520 BST, the shares were up 1.9% to 320p.