National World PLC (GB:NWOR) has released an update.
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National World PLC has received a potential takeover offer from Media Concierge for its entire share capital at 21 pence per share, while an investigation into invoicing irregularities and withheld revenues linked to Media Concierge is underway. The company is evaluating the offer with the help of financial and legal advisers, and remains confident in its strategy as an independent entity. Shareholders are advised to await further updates as there is no certainty that a formal offer will be made.
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