RiverFort Global Opportunities Plc (GB:RGO) has released an update.
RiverFort Global Opportunities plc (RGO) has announced notable progress in its planned acquisition of S-Ventures plc, with a completed disposal of its previous investment portfolio resulting in a significant cash balance and a more streamlined portfolio. Auditing for S-Ventures and advanced due diligence are underway, with the businesses of S-Ventures performing as expected. Shareholders have been promised more detailed updates on the transaction timeline shortly.
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