Milton Capital PLC (GB:MII) has released an update.
Milton Capital PLC, a London-listed company focused on reverse takeover opportunities, has announced the signing of preliminary agreements to acquire certain subsidiaries of Horizon Energy Global Corporation, potentially leading to a reverse takeover. The company’s shares have been suspended from trading due to the significance of the transaction, which is expected to result in a fundamental business change. Milton Capital aims to re-list the expanded group on the AIM market subsequent to the acquisition.
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