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TruFin PLC - London-based financial technology holding company for niche lenders and early payment providers - Says it received and rejected a takeover approach for Oxygen Finance Ltd. The non-binding, indicative offer valued Oxygen at £26 million, which TruFin says undervalues its business and prospects. Oxygen provides early payment systems to clients in the public and private sector.
Current stock price: 67.00 pence, up 6.4% in London on Thursday
12-month change: down 12%
By Tom Waite, Alliance News editor
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