18 January 2018
visit www.ebaday.com

Retail Decisions terminates takeover talks

01 June 2006  |  4533 views  |  0 card chip

UK card fraud prevention outfit Retail Decisions (ReD) says it has ended takeover talks with an unidentified suitor because the approach offer didn't reflect the true value of its business.

ReD said in May that it had received an early stage bid approach which may lead to an offer for the company.

But in today's brief statement to the stock exchange, ReD says: "The board has concluded that the approach does not reflect the quality of the company's businesses or its growth prospects. The board has responded to the approach accordingly."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Retail Decisions confirms bid approach

Retail Decisions confirms bid approach

17 May 2006  |  4217 views  |  0 comments
Retail Decisions inks First Data CNP deal

Retail Decisions inks First Data CNP deal

21 March 2006  |  6999 views  |  0 comments
Retail Decisions buys Australian pre-paid card operator E Com Industries

Retail Decisions buys Australian pre-paid card operator E Com Industries

05 December 2005  |  6807 views  |  0 comments
Retail Decisions confirms acquisition rumours

Retail Decisions confirms acquisition rumours

05 October 2005  |  4625 views  |  0 comments
Fifth Third licenses Retail Decisions card fraud detection technology

Fifth Third licenses Retail Decisions card fraud detection technology

08 August 2005  |  6482 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.thomsonreuters.infovisit www.niceactimize.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
10597 views comments | 32 tweets | 36 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
10091 views comments | 17 tweets | 18 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9670 views comments | 14 tweets | 16 linkedin
KFC introduces Bitcoin BucketKFC introduces Bitcoin Bucket
9213 views comments | 17 tweets | 16 linkedin
FinTech Scotland appoints new CEOFinTech Scotland appoints new CEO
8169 views comments | 8 tweets | 6 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job