UK's Time Finance gains after Bentley Park takeover offer
17/08/2026 09:58
BUZZ-UK's Time Finance gains after Bentley Park takeover offer ** Shares of SME lender Time Finance TIME.L rise as much as 10.5% to 58 pence - their highest since November 2025
** Investment vehicle Bentley Park (UK) Limited agrees to acquire Time Finance for about £55.1 million ($74.75 million)
** Offer represents a 12.6% premium to TIME's August 14 closing price of 52.5 pence
** YTD, stock is up ~9%
($1 = £0.7371)
(Reporting by Neeshita Beura in Bengaluru)