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IN BRIEF: Equals ‘remains confident’ as acquisition talks continue

ALN

Equals Group PLC - London-based payment platform developer - Says current trading is in line with its expectations and ‘remains confident in the longer-term growth prospects of the business’. Strategic review announced on November 1 continues, with discussions ongoing between Equals and Madison Dearborn Partners LLC. Madison Dearborn is now required to announce a firm intention to make or not make an offer for Equals by the evening of January 24. Deadline was originally November 29, and was subsequently extended until December 27.

Current stock price: 119.11 pence, down 3.2%

12-month change: up 32%

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