MusicMagpie Plc (AIM:MMAG) will continue looking for a buyer after UK telecoms giant BT Group plc (LSE:BT.A) and German privateequity group Aurelius Group Limited decided not to make offers for the British online technology goods reseller. MusicMagpie made the statement on Monday, a week after it revealed that it was holding early talks with the two parties about a potential sale. The company added that it remains in an offer period but noted that it is not certain whether it will receive an offer.
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
6.25 GBX | -10.71% | -3.85% | -43.18% |
Mar. 13 | MusicMagpie annual revenue falls; starts new financial year in line | AN |
Mar. 13 | Earnings Flash (MMAG.L) MUSICMAGPIE Reports FY23 Revenue GBP136.6M | MT |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
104.5 GBX | -0.48% | -3.37% | 12.76B | ||
6.25 GBX | -10.71% | -3.85% | 8.6M | ||
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-43.18% | 8.6M | |
+28.11% | 29.56B | |
+5.68% | 5.71B | |
-13.09% | 4.4B | |
+16.32% | 4.17B | |
+4.23% | 1.85B | |
-6.86% | 1.77B | |
-13.85% | 1.26B | |
-17.77% | 1.15B | |
-42.47% | 736M |
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- MusicMagpie Still Looking for Buyer as BT, Aurelius Withdraw