IN BRIEF: Glantus takeover edges closer as High Court sanctions move

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Glantus Holdings PLC - Dublin-based provider of accounts payable automation and analytics services - UK High Court sanctions scheme for £17.8 million acquisition of Glantus by Basware Oy. Basware is a company focused on accounts payable automation, which facilitates a solution designed to enable touchless invoice processing for companies. Final day of dealing of Glantus shares will be October 17, with the scheme expected to become effective a day later.

Current stock price: 32.60 pence

12-month change: up sharply from 10.50p

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