Ann: Sale of hummgroup Consumer Finance to Latitude, page-23

i am sitting on the fence here. It’s also currently a loss for me, although maybe not once the dust settles and we get a price for what’s left of Hum once the consumer financing splits off. I am waiting to have a good look at LFS’ H1 on Monday. I still think there is a good chance the combined business will succeed and we will get the price increase we were hoping to get out of Hum. PE involvement and the huge overhang of shares they will want to get rid of is an issue, but long term won’t matter if the business is successful.