SigmaRoc PLC - London-based building materials company - Gains clearance from Polish Office of Competition and Consumer Protection for the EUR470 million reverse takeover of Finnish limestone developer Nordkalk Oy AB.
Is now taking steps to drawdown under the facility of EUR150 million so that it can complete the deal first announced in mid-July.
"We are delighted with this swift decision from the Polish competition authority and look forward to working with our new colleagues at Nordkalk to generate value for our shareholders," says Chief Executive Officer Max Vermoken.
Current stock price: 101.50 pence
Year-to-date change: up 61%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Sigmaroc. (SRC)