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Financial Payment Systems Ltd

  • BY: Andrew Hore |
  • POSTED: 22/12/2010 |

West Star Group Inc has closed its bid for former Aim company Financial Payment Systems Ltd after receiving acceptances of 98.56% of the share capital.

West Star started with 50.54% of the company. The bidder will compulsorily acquire the rest of the shares.

West Star’s bid of 0.35p a share in cash for FPS, valued the company at £321,000.

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