UPDATE 1-British subprime lender NSF drops bid for rival Provident Financial [Reuters (UK)]
PROVIDENT FINCL PLC S/ADR (FPLPY)
NASDAQ:AMEX Investor Relations:
providentfinancial.com/investors
Company Research
Source: Reuters
British subprime lender NSF drops bid for rival Provident Financial - Reuters 2 Min Read (Reuters) - British subprime lender Non-Standard Finance PLC is dropping its hostile 1.3 billion pound ($1.65 billion) bid for rival Provident Financial PLC, NSF said on Tuesday. After talks with regulatory authorities, NSF’s offer for Provident would lapse as the regulatory condition would not be satisfied by Wednesday midnight, the company said in a statement. “As of midnight on June 5, the offer will lapse and will not be capable of further acceptance and Provident shareholders who have accepted the offer will cease to be bound by such acceptances,” NSF said. Provident Financial declined to comment. Provident said in May its shareholders were not able to assess or even estimate the full economic consequences of the NSF offer and therefore the NSF board should show due consideration to all its shareholders by allowing it to lapse. UK’s Competition and Markets Authority (CMA) raised questions ove
Show less
Read more
Impact Snapshot
Event Time:
FPLPY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FPLPY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FPLPY alerts
High impacting PROVIDENT FINCL PLC S/ADR news events
Weekly update
A roundup of the hottest topics