back to article Daisy Group seals Phoenix IT Group buy, exec set for exit

Some execs at LSE-listed Phoenix IT Group are edging toward the exit, El Chan can reveal, after the proposed takeover by Daisy Group today got the official rubber stamp. The approach from privately owned Daisy came in May when it offered 160 pence per share for Phoenix in a transaction that valued the equity at £135m. The …

  1. ukgnome

    I used to work for Phoenix, I am so glad that I don't now.

  2. Anonymous Coward
    Anonymous Coward

    didn't John Major use that line when leaving front line politics?

  3. Anonymous Coward
    Anonymous Coward

    Just when you thought

    Daisy Customer Service couldn't get any worse...they managed to buy out the one beneath them

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019