A stricken financial services group which has had its shares suspended amid apparent accounting irregularities will this week disclose that it has received takeover approaches for parts of its business.
Sky News has learnt that MJ Hudson, which floated on London's junior stock market on the day of the 2019 general election, will announce on Monday that it has drafted in City advisers to scrutinise the offers. Sources said there had been"several" approaches for divisions of MJ Hudson, although none had been for the entirety of the group.MJ Hudson describes itself as an asset management consultancy which advises on issues such as sustainability and helping clients benchmark themselves against their competitors.
In December, it announced that its shares were being suspended after being made"aware of…issues, including in relation to the reporting of historical trading of the business in relation to [fiscal year] 2022, the full impact of which is unclear".
Dodgy bankers doing dodgy shit, what else is new?