Foresight Sustainable Forestry Company PLC GBP (GB:FSF) has released an update.
Shareholders of Foresight Sustainable Forestry Company PLC have overwhelmingly voted in favor of a takeover by Arizona Bidco Limited, with the acquisition set to be finalized by a court-sanctioned scheme of arrangement. The successful vote moves the deal forward, with key conditions met and the next significant steps scheduled for late July 2024. This development is a critical juncture for the company as it transitions towards new ownership under the Averon Park Group.
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