Posts tagged: Solutions 30
Thursday, 21 April 2022, 10:29 pm
Bain Capital, the private equity firm founded by former presidential candidate Mitt Romney, is "weighing a deal" for Solutions 30.
Well, that's according to Bloomberg hacks, who this evening revealed that the buy-out firm has been speaking with advisers about the potential investment in the embatted European technology services company, which been targeted by some the short seller types amid some very fruity allegations...
Friday, 21 May 2021, 5:21 pm
Solutions 30 has finally released its "communication" to the market and it's not looking good.
I have pasted the announcement below with the interesting and awry bits in bold. Happy reading!
MARKET INFORMATION AND RESUMPTION OF TRADING ON MONDAY, MAY 24, 2021
Wednesday, 19 May 2021, 7:45 pm
The bizarre goings on at Solutions 30, the controversial France-listed Luxembourg-based outsourcer, continue, with the French regulator and Financial Times jumping onto the stock suspension story. Below is a link to Jamie Powell's (of FT Alphaville) excellent summary of the situation since Betaville last published Part 4 a week ago:..
Tuesday, 11 May 2021, 7:37 pm
Remember Solutions 30?
It is the France-listed Luxembourg-based outsourcer that saw its share price collapse in early December following the publication of an anonymous short report and an attack by Muddy Waters, the feared short selling outfit led by Carson Block...
Tuesday, 15 December 2020, 9:36 pm
Solutions 30, the under siege Paris-listed outsourcing company, collapsed almost 40pc today to close at around EURO 9.1.
So, clearly the company's statement from earlier in the week alleging all sorts failed to reassure investors, who are likely to have been spooked by Carson Block's Muddy Waters wading in.
Below is a link to the FT's report on this bizarre tale:..
Friday, 11 December 2020, 11:33 am
Solutions 30's stock has now been suspended!
Jamie Powell over rival site FT Alphaville has rather good summary of the lead up to the suspension, so do give it a read when you have a moment. I have pasted a link to his piece below:
Thursday, 10 December 2020, 9:26 am
The City of London is currently captivated by a France-listed €1.7bn Luxembourg-based outsourcer.
Well yesterday the company's shares collapsed by almost 25pc during intraday trading and this piece (click on the link below) by rivals over FT Alphaville has a decent explainer of what's been going on.