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Birmingham Post
Birmingham Post
Business
Jon Robinson

Will takeover for Christmas vouchers firm Appreciate Group succeed or could rival bid emerge?

Experts at an historic investment bank have weighed in on whether a proposed £83m takeover of the Christmas savings group founded by former Everton FC and Tranmere Rovers owner Peter Johnson will succeed.

Shares in Appreciate Group surged from 26p to 41p when the deal with PayPoint was first announced on November 7 and have stayed around that mark ever since.

The Liverpool-headquartered group's brands include Love2shop, highstreetvounchers.com, Park Christmas Savings and Appreciate Business Services and is listed on AIM.

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