Summary
VEBNET shares more than doubled in value yesterday after life and pensions giant Standard Life bid GBP 24.2 million for the Edinburgh technology company, in a deal set to make millionaires of Vebnet's founders.
The Aim-listed company provides software and advice related to bonuses and benefits, covering almost 300,000 employees.See the full content of this document
Extract
Standard Life Bids Gbp 24m for Vebnet
Standard Life, making its first acquisition of a listed company since its flotation in 2006, is offering 260p a share, a 114 per cent premium to Vebnet's closing price on Mon...
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