Standard Life plc is to pay 140p per share for Focus Solutions Plc, totally around £42 million for the whole business.
Focus Solutions is a leading provider of software and consultancy solutions to the financial services industry, enabling its clients to automate the delivery of financial products and services to their customers across multiple distribution channels in a rapid and efficient manner.
This transaction is consistent with
The move is part of Standard Life’s strategy, announced earlier in the year, to “step up”” investment in its corporate and retail propositions