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Marwyn Acquisition Company PLC Announces Potential Acquisition of Silvercloud Holdings

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Marwyn Acquisition Company PLC Announces Potential Acquisition of Silvercloud Holdings

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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.

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