Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An announcement from Tanfield ( (GB:TAN) ) is now available.
Tanfield Group PLC announced a favorable court ruling in its ongoing legal proceedings concerning its investment in Snorkel International Holdings LLC. The court granted Tanfield’s Motion for Partial Summary Judgment, confirming that Tanfield’s 49% interest in Snorkel cannot be acquired for $0, as previously claimed by Xtreme Manufacturing LLC. This decision is seen as a positive development for Tanfield, which continues to defend its position in the US Proceedings, with further trials set for October 2025.
More about Tanfield
Tanfield Group PLC is involved in the aerial work platform industry, holding a significant 49% stake in Snorkel International Holdings LLC, a company specializing in aerial work platforms. The company focuses on maintaining and enhancing its investment portfolio within this sector.
Average Trading Volume: 47,489
Technical Sentiment Signal: Buy
Current Market Cap: £5.8M
See more insights into TAN stock on TipRanks’ Stock Analysis page.