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LONDON (Alliance News) - Worthington Group PLC Friday said it has secured a 14th extension to the deadline by which Nuna Minerals AS must announce a firm intention to make an offer for the company or walk away from the potential deal.
The latest extension is to September 16, while the previous deadline was the close of play Friday.
Worthington noted the Court of Greenland on July 1 ruled in favour of the bankruptcy petition claim made by former Nuno CEO Ole Christiansen.
Pending resolution of this claim, Worthington and Nuna are continuing their talks over the possible offer.
Shares in Worthington remain suspended.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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