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Work Group Says Talks On Potential Acquisition Ongoing
LONDON (Alliance News) - Work Group PLC, which converted to an investment company from a human resources consultancy at the end of 2015, said on Tuesday is remains in talks to make a "suitable" acquisition.
In a statement accompanying Work Group's annual general meeting, Chairman Simon Howard said the company is continuing to work towards securing a reverse takeover, in line with its investment strategy.
He said negotiations on a potential deal are continuing.
Work Group shares were up 4.6% to 3.40 pence on Tuesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Latest WORK News
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19 Aug 2016 - Work Group suspended as it misses reporting deadline
29 Jun 2016 - Work Group Posts Wider Loss As It Turns Into Investment Company
16 Dec 2015 - Work Group confirms poor first half
16 Dec 2015 - Work Group Agrees To Sell Operations, To Turn Into Investment Company
11 Dec 2015 - Capita Wins German Broadband Contract And Reiterates Revenue Guidance
11 Dec 2015
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