The latest announcement is out from Codex Acquisitions PLC ( (GB:CODX) ).
Codex Acquisitions PLC has entered into an agreement to acquire Technologies New Energy S.A., a Portuguese company in the renewable energy sector, for £28 million through the issuance of new ordinary shares. This acquisition is contingent upon the company’s listing on the London Stock Exchange’s main market. The move is part of Codex’s strategy to expand its footprint in the renewable energy market, marking a significant milestone as it looks to leverage TNE’s capabilities and market position. The company is working closely with the Financial Conduct Authority for approval, though there is no certainty of completion. Codex plans to rebrand prior to the listing, signaling its commitment to this strategic expansion.
More about Codex Acquisitions PLC
Codex Acquisitions PLC operates in the financial sector, focusing on strategic acquisitions. The company’s primary services involve acquiring and integrating businesses to enhance its market presence and expand its portfolio.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
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