Curtis Banks gains after deadline extension for Nucleus buyout offer

Nucleus Software Exports

23/12/2022 11:09

** Shares of financial services provider Curtis Banks Group
 CBP.L  up as much as 7.1% at 315p
    ** Company has agreed to an extension of a deadline by which
UK-based retirement-focused platform Nucleus Financial Platforms
will make an offer for CBP  urn:newsml:reuters.com:*:nTUC9FDHJF 
    ** In November, CBP confirmed it was in advanced talks
regarding a possible offer for company from Nucleus  urn:newsml:reuters.com:*:nRSY6592Ha
    ** Nucleus has until Jan. 9, 2023 to announce a firm offer
against the previous deadline of Dec. 23
    ** "Nucleus has now completed its due diligence and the
parties are close to agreeing transaction documentation" -
Curtis Banks 
    ** Including session gains, stock up ~18% YTD 
 (Reporting by Amna Karimi in Bengaluru)
 ((Amna.Karimi@thomsonreuters.com; +91 8083261226))