8th Oct 2015 13:53
LONDON (Alliance News) - Benchmark Holdings PLC on Thursday confirmed it is contemplating the acquisition of INVE Aquaculture Holding BV, following press speculation.
Benchmark said the acquisition would constitute as a reverse takeover under AIM rules. Shares in the company were suspended Thursday, and Benchmark said that the shares will remain suspended until either an admission document is published in relation to the potential takeover or the talks otherwise conclude.
Benchmark provides technical services to farming and aquaculture. INVE Aquaculture makes health and nutrition products for fish and shrimp hatcheries and farms.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Benchmark Holdings