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Minoan Group Considers Non-Binding Offer from DAGG LLP

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Minoan Group Considers Non-Binding Offer from DAGG LLP

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Minoan Group plc ( (GB:MIN) ) just unveiled an update.

Minoan Group Plc has received a non-binding offer from DAGG LLP, which could lead to a significant transaction involving the acquisition of Loyalward Limited. The offer is seen as a preferable alternative to insolvency, and the board recommends creditors accept it. If approved, this transaction would represent a substantial change in business and require shareholder approval. Lesley Adams has exited DAGG LLP, transferring her interest to Nicholas John Day, who supports the offer.

More about Minoan Group plc

Technical Sentiment Signal: Sell

Current Market Cap: £1.63M

For detailed information about MIN stock, go to TipRanks’ Stock Analysis page.

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