Amigo Holdings PLC on Thursday said that talks over its proposed takeover by investee companies of Craven House Capital PLC has been terminated.
Amigo is a Bournemouth, England-based mid-cost credit.
Struggling British subprime lender
Amigo Holdings said on Tuesday it was exploring
transactions, including buying a handful of early-stage
businesses in online streaming and payments, to deliver.
Shares in failed consumer lender Amigo Holdings PLC were suspended from trading in London on Tuesday, as it said it is in discussions with Craven House Capital PLC for a deal that would preserve some,.
The FTSE 100 closed Tuesday up 0.6% to 7675 points, outperforming European peers supported by the health care and energy sectors, alongside a slightly weaker pound, CMC Markets U.K. chief market.