NSF abandons hostile bid for Provident Financial

Sam Shaw
05 June 2019

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Non-Standard Finance (NSF) has abandoned its plan to take over sub-prime lender Provident Financial Group (PFG), given the level of shareholder resistance.

Non-Standard Finance (NSF) has abandoned its plans to take over sub-prime lender Provident Financial, given the level of shareholder resistance. NSF has been pursuing a £1.3bn hostile bid of the lender...

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