Having on Friday announced that a now 185p per share possible cash offer for Daisy Group (DAY) from a consortium of Toscafund Asset Management, Penta Capital and CEO Matthew Riley was being considered, the following updates with such an offer now being recommended to Daisy’s shareholders.
IT services and unified communications provider Daisy Group (DAY) has revealed that a consortium of Toscafund Asset Management, Penta Capital and CEO Matthew Riley are “now considering a possible cash offer for the company at 185p per Daisy share”. The following updates after I originally commented in August on the back of a 190p per share approach from the consortium.
Having risen to above 190p following the announcement of a preliminary takeover approach earlier this month, shares in IT services and unified communications provider Daisy Group (DAY) have settled back at 188.5p. In the following I review this further “possible offer” situation on the London markets.
The Closet Chartist has once has served up a special report on the six stocks on AIM you should be buying as a trade this week. Number 3 and 4 on the list are Daisy Group (DAY) and Greenko (GKO)









