- CIP Merchant Capital pledged to move ahead with its strategic objectives to create long-term value for shareholders after Corporation Financiere Europeenne ended its takeover pursuit of the company.

Corporation Financiere Europeenne said it would not make a deal for CIP after the company rejected a possible offer of 50 pence a share offer, deeming it too low.

At 9:12am: [LON:CIP] Cip Merchant Capital Limited Ord Npv share price was 0p at 45.5p

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