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Financial Services

Tavistock Investments mulls sale of parts of business

Tavistock Investments PLC (AIM:TAVI) has confirmed that it is considering a number of potential transactions including a possible disposal of part of the group's business to Saltus, a financial planning and investment management services group.

There can be no guarantee that such a transaction will be concluded, and the board will only proceed with such a transaction if it considers it to be in the best interests of the company and its shareholders, said the statement.

Shars rose 7% to 3.65p.