7th Mar 2014 11:55
LONDON (Alliance News) - Plastics Capital PLC said Friday that it expects to complete the acquisition of Shengli Printing Science and Technology Co Ltd by March 31.
The company said it had delivered supplementary information that had been requested by the local Commissions of Commerce, and now awaits the final regulatory approval relating to the business licence.
In February the company had said it was on track to complete the acquisition on or before February 28. It had previously been delayed for around two months.
Shares in Plastics Capital were trading up 0.8% at 117.40 pence Friday morning.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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