Guardian iT, the beleaguered disaster recovery specialist, has been forced by the UK's Takeover Panel to confirm it has been approached by a possible buyer.
The company, which admitted this week to overstating its profits, forcing chairman Richard Raworth to resign, was told yesterday to issue a statement to the Stock Exchange. Speculation had mounted throughout the day after Guardian's shareprice began to climb rapidly.
In the statement, Guardian said it "has had very preliminary discussions which may or may not lead to an offer being made" for the company. It shares closed up 11.5p at 47.5p.
Hewlett-Packard the US technology company has emerged as a potential bidder.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
