Boston International Holdings (GB:BIH) has released an update.
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Boston International Holdings PLC (BIH) has signed a preliminary letter of intent with Linkvalue Investment Limited for a major investment that would give the latter a 51% stake in BIH, with an expected completion by the end of August 2024. The £306,000 deal is contingent upon shareholder approval and the successful negotiation of a definitive Subscription Agreement. BIH’s shares will remain suspended, as the company also works towards finalizing its overdue annual report.
For further insights into GB:BIH stock, check out TipRanks’ Stock Analysis page.
