Nexion Group Ltd. (AU:NNG) has released an update.
Nexion Group Ltd has confirmed that they are in the midst of negotiations for a significant acquisition, which is the reason behind the recent unusual trading activity of their securities. The company is not announcing details yet as the negotiations are incomplete and the transaction details are not fully defined. They assure compliance with ASX Listing Rules and that an announcement will be made upon completion of negotiations and entry into a binding agreement.
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