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An update from Marwyn Acquisition Company PLC ( (GB:450) ) is now available.
Marwyn Acquisition Company PLC has announced its intention to acquire Silvercloud Holdings Limited, which owns a majority stake in the premium footwear brand Le Chameau Holdings Limited. This potential acquisition, which would be a reverse takeover under AIM Rules, requires shareholder approval and due diligence, leading to the suspension of the company’s shares from trading on AIM. The transaction’s completion remains uncertain, and there is a risk of share admission cancellation if the suspension lasts six months.
More about Marwyn Acquisition Company PLC
Average Trading Volume: 19,334
Technical Sentiment Signal: Buy
Current Market Cap: £14.09M
Find detailed analytics on 450 stock on TipRanks’ Stock Analysis page.