Touchstar (GB:TST) has released an update.
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Touchstar PLC is exploring strategic alternatives to enhance shareholder value, including a potential sale of the company or its assets. The Board has decided to conduct a formal review after receiving ad hoc approaches for mergers and sales, indicating Touchstar’s strong earnings and growth potential. While no current talks or offers are in place, the company, advised by Zeus Capital Limited, is entering an ‘offer period’ as per the Takeover Code.
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