Mobile money specialist Monitise has concluded its strategic review with the decision to remain independent. A number of expressions of interest were received; however valuation, complexity and timing proved the sticking points. The company will become more focussed on key geographies and products. In addition, Elizabeth Buse is to become sole CEO. Management has largely re-iterated existing guidance, demonstrating confidence in the growth outlook.
02 Apr 2015
Monitise to remain independent
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Monitise to remain independent
Monitise (MONI:LON) | 0 0 0.0% | Mkt Cap: 68.2m
- Published:
02 Apr 2015 -
Author:
Philip Carse -
Pages:
4
Mobile money specialist Monitise has concluded its strategic review with the decision to remain independent. A number of expressions of interest were received; however valuation, complexity and timing proved the sticking points. The company will become more focussed on key geographies and products. In addition, Elizabeth Buse is to become sole CEO. Management has largely re-iterated existing guidance, demonstrating confidence in the growth outlook.