Equiniti Group plc (LSE:EQN) confirmed on January 18, 2021 that it is in discussions to divest a key part of Equiniti Financial Services Limited, namely EQi's direct-to-consumer customer book, predominantly the Selftrade business. "Negotiations are ongoing but subject to commercial, operational and regulatory discussions," it said in a brief statement, adding that there is no certainty as to whether the transaction will take place. A further announcement will be made if or when a definitive agreement has been reached, Equiniti said. The statement came after Sky News reported over the weekend that Interactive Investor had agreed to pay around £50 million for EQi.