From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

MJ Hudson Group – completes sale of Data & Analytics division, still shareholders wipeout ahoy?

By Steve Moore | Wednesday 17 May 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

MJ Hudson Group (MJH) has announced that it has “completed the sale of the Data & Analytics division. The cash consideration paid on the completion of the sale of the Data & Analytics division was £15 million of which £3 million is being retained in escrow until 30 September 2024… Business Outsourcing sale will… be completed in stages following receipt or waiver of the regulatory consent(s) relevant to that part of the Business Outsourcing division. Consideration for the Business Outsourcing division is approximately £25 million”. Good news for the currently-suspended shares? Er, No…
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



H&T Group – now again a Buy

Time left: 05:20:38