25th Sep 2020 16:03
Auctus Growth PLC - acquisition vehicle - In talks to buy materials innovation company HeiQ Materials AG, which primarily serves the consumer & medical industries. "HeiQ creates innovative technologies that add functionality, comfort, hygiene and sustainability to existing apparel, home textiles, technical textiles, medical textiles and devices and fastmoving consumer goods products," Auctus said. Acquisition will be classes as a reverse takeover so Auctus shares suspended at own request.
Current stock price: 26.50 pence
Year-to-date change: down 13%
By Eric Cunha; [email protected]
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