Codex Acquisitions PLC (GB:CODX) has released an update.
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Codex Acquisitions PLC has announced the extension of the Long Stop Date and Exclusivity Period for its planned takeover of Technologies New Energy S.A., a Portuguese renewable energy firm. This extension allows additional time for Codex to finalize the acquisition, which aligns with their strategy to focus on clean and renewable energy sectors. While the final outcome of the acquisition remains uncertain, both companies express commitment to the successful completion of the transaction.
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