A recent strategic update highlights the current opportunity offered by the stock. Last November TIG revealed inbound interest in its DIS business and since then progress has been made with a number of parties, the Board being keen to encourage competitive bids. In particular, the update reiterates that TIG expects to receive a cash valuation materially in excess of £120m for DIS. Management emphasises that there is no certainty of a bid materialising, but if the division were to be sold at a pr ....
