Crimson Tide (GB:TIDE) has released an update.
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Crimson Tide PLC has rejected a revised all-share takeover proposal from Checkit plc, which followed an initial offer deemed inadequate by Crimson Tide’s Board. Additionally, the company has received a tentative cash offer from Ideagen Limited at 312 pence per share, which is currently under consideration. Shareholders have been advised that further updates will be provided as the situation develops.
For further insights into GB:TIDE stock, check out TipRanks’ Stock Analysis page.
