25th Apr 2019 16:04
25 April 2019
Fandango Holdings Plc
("Fandango" or the "Company")
Termination of Talks on Potential Acquisition
Fandango Holdings plc, the investment company focused on the industrial and services sectors, provides an update further to the announcement of 19 December 2018 regarding the possible acquisition of Konnect Mobile Communications Inc. ('Konnect' or the 'Acquisition').
Fandango is no longer in discussions with Konnect following the failure to raise the required funding for the Acquisition. The Company has incurred nominal costs during the due diligence process.
Fandango continues to review other acquisition opportunities and will look to provide the market with updates in due course.
ENDS
For further information visit www.fandangoholdingsplc.com or contact the following:
Fandango Holdings plc | ||
Charles Tatnall | Fandango Holdings plc | Tel: +44 7930 445691 |
Financial PR | ||
Isabel de Salis
| St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
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