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Selkirk Group Plc ( (GB:SELK) ) has shared an announcement.
Selkirk Group Plc recently made a preliminary offer to acquire MyProtein from THG plc for £400 – £600 million, which was rejected by THG due to concerns over valuation, offer structure, and market liquidity. Despite the setback, Selkirk remains committed to its strategy of pursuing acquisition opportunities and believes in the potential of its reverse takeover model to unlock value for companies seeking IPOs or market listings.
More about Selkirk Group Plc
Selkirk Group Plc is an investment company focused on acquiring undervalued businesses in the consumer e-commerce, technology, and digital media sectors, primarily in the UK. The company aims to provide strategic direction and market listing opportunities for these businesses, leveraging the extensive experience of its directors in creating stakeholder value.
YTD Price Performance: -21.05%
Average Trading Volume: 622,319
Technical Sentiment Signal: Strong Buy
For a thorough assessment of SELK stock, go to TipRanks’ Stock Analysis page.