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IN BRIEF: Midwich In Talks Over Possible Purchase Of NMK Group

Fri, 11th Dec 2020 17:54

Midwich Group PLC - Norfolk-based audio visual distributor - In advanced talks with Nicolas M Kyvernitis Electronics Ent, NMK Middle East FZE and Edge Electronics Trading LLC - collectively the NMK Group, a value-added distributor of AV products in the Middle Eastern market - around the potential acquisition of all or part of NMK.

Midwich warns there is no certainty that a transaction will take place.

Current stock price: 470.00 pence

Year-to-date change: down 15%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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