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The latest announcement is out from Boston International Holdings ( (GB:BIH) ).
Boston International Holdings PLC has encountered a temporary setback in its funding arrangements due to liquidity issues faced by its major shareholder, Zarara Energy Limited. However, a settlement agreement is expected to resolve these issues, allowing the company to resume its financial operations. Additionally, the company continues to explore potential acquisitions, with ongoing discussions with energy companies, although no suitable candidates have been finalized yet.
More about Boston International Holdings
Boston International Holdings PLC operates in the financial sector, focusing on acquisitions and investments. The company is involved in identifying and acquiring businesses, particularly through reverse takeovers, with a market focus that includes the oil and gas and financial services sectors.
Average Trading Volume: 1,349,345
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.3M
For an in-depth examination of BIH stock, go to TipRanks’ Overview page.