We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

In this section

Shares

Safestay tumbles as Infill abandons £40.9m pursuit

Tue 14 July 2026 12:35 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - Safestay shares tumbled on Tuesday after Infill Capital Partners said it does not plan to make an offer for the hostel operator.

Safestay confirmed earlier this month that it was in talks with real estate investment firm Infill over a potential 40.9m takeover.

Under UK takeover rules, Infill had until 1700 BST on 7 August to either announce a firm offer or walk away.

At 1235 BST, Safestay shares were down 45% at 13.20p.

See latest RNS on Investegate

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More AIM news from ShareCast

    No results were found