SRJ srj technologies group plc
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News: SRJ SRJ Technologies Says Acquisition Of STATS Not Proceeding

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    05/05/22
    18:20
    Post #: 61234015

    May 5 (Reuters) - SRJ Technologies Group PLC (SRJ) :

    • SRJ ACQUISITION OF STATS NOT PROCEEDING
    • SRJ AND STATS WILL CONTINUE TO COLLABORATE AT OPERATIONAL LEVEL AND PARTNER IN MULTIPLE REGIONAL MARKETS
    • SHARE PURCHASE AGREEMENT EXECUTED ON 14 DEC 2021 HAS BEEN TERMINATED
    • TERMINATION OF ACQUISITION AS RESULT OF MARKET VOLATILITY CAUSED BY UNDERLYING MACRO, GEOPOLITICAL & SUPPLY CHAIN EVENTS
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