Dubai: London Stock Exchange-listed Al Noor Hospitals Group PLC on Tuesday confirmed it has received a aACAyhighly preliminary' indication of interest from Abu Dhabi-based VPS Healthcare Group, following its proposed reverse takeover
of South Africa's Mediclinic International Ltd last week.
The Financial Conduct Authority ruled the new acquisitions made by Worthington constituted a reverse takeover
of the company, as the deals will make it a "fundamentally different business".
WRAGGE & Co's Public Companies team has completed the reverse takeover
of cloud service provider Nasstar.
There are quite a few companies that are asset-rich but have no source of liquidity," said Andrew Rickards, CEO of property giant Yoma, listed on the SGX since 2006 through a reverse takeover
with the restructure and reverse takeover
and have requested the lifting
A pre-IPO share buyback, a reverse takeover
or a post-IPO share swap between NC KMG and KMG EP are, in our opinion, likely to be executed at fair terms.
PhotonStar, which was formed last December with the reverse takeover
of Swansea-based Enfis, will pay up to pounds 375,000 for Camtronics.
It will be remembered that the Panel twice ruled in favour of Noble Group against the reverse takeover
of Gloucester Coal that would have resulted from Gloucester's bid for Whitehaven Coal.
Horizonte will buy the Araguia project through a reverse takeover
of Teck Cominco Brasil, a wholly-owned Teck subsidiary.
The pounds 200m float was achieved through a reverse takeover
by Freedom4 - part of the former Pipex telecoms firm - which has now changed its name to Daisy Group.
MIDAS Capital Partners, which was set up by Ormskirk investment expert Simon Edwards six years ago, has achieved a stock market listing with the pounds 140m reverse takeover
of London's Iimia Miton Optimal.
The reverse takeover
deal with Interactive, which supplies adult content to mobile phone users, will see Sport Newspapers become a public company via a listing on the Alternative Investment Market.