ScS Group PLC - Sunderland, England-based sofa seller - Confirms that the regulatory conditions relating to bid by Poltronesofa SpA have been satisfied. The Court hearing to sanction the scheme by which the bid is being facilitated is expected to take place on January 26. The scheme is expected to become effective on January 30 with the listing of shares cancelled the day after.
Current stock price: 265.00 pence, up 0.4% in London on Tuesday
12-month change: up 42%
By Jeremy Cutler, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2024 Alliance News Ltd. All Rights Reserved.