STM Group plc (GB:STM) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
STM Group PLC is set to be acquired by Jambo SRC Limited through a Court-sanctioned scheme of arrangement, with key dates updated for the cancellation of trading on AIM. The acquisition process will see trading in STM shares suspended on 31 October 2024, with final trading cessation expected by 7 a.m. on 1 November 2024. Investors should pay attention to the updated timetable to ensure they are prepared for the transition.
For further insights into GB:STM stock, check out TipRanks’ Stock Analysis page.
