LONDON (Thomson Financial) - Jarvis Securities Plc. said all offer talks for
its only trading subsidiary, Jarvis Investment Management Plc., have been
terminated and added it is no longer engaged in any discussions regarding a
potential offer for the group or its unit.
The financial services company said no offer was made reflecting the
underlying value of the business.
It also said it continues to trade ahead of management expectations and
expects to release its results for the first half ended June 30 in late July.
On May 13, Jarvis said it rejected an unsolicited approach to acquire Jarvis
Investment, saying the approach did not reflect the value and prospects of the
group.
TFN.newsdesk@thomson.com
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