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
3,503.44
16:59 19/11/24
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FTSE AIM 50
3,920.35
16:59 19/11/24
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FTSE AIM All-Share
724.23
16:59 19/11/24
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Iomart Group
105.00p
16:34 19/11/24
-1.41%
-1.50p
Software & Computer Services
2,479.73
16:34 19/11/24
0.08%
2.03
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.