StockMarketWire.com - Non-Standard Finance has agreed to acquire Everyday Loans Holdings Ltd, and thereby the group of companies known as Everyday Loans or the Everyday Loans Group, from Secure Trust Bank for an enterprise value of GBP235m.

The deal would be funded by a placing and open offer of 188.24m shares in NSF at an offer price of 85p each, the issue of new ordinary shares in NSF to STB and a new debt facility.



Story provided by StockMarketWire.com