Trace Group plc

2 results about this entity

Period: 09 Jul 2007 - 01 Aug 2007

Microgen fails to seal Trace deal

UK IT services firm Microgen has failed to acquire banking and securities software vendor Trace Group after its 180 pence per share cash bid lapsed and a smaller offer for the business from management vehicle Tulip became unconditional.

Finextra50 rises to 102.46

Despite the closure of the US markets for the Independence Day holiday, the Finextra50 Financial Technology Index rose a healthy 1.63% last week to close at 102.46.