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Molten Ventures Takeover Rumours (GROW)

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Molten Ventures Takeover Forum Posts

23-01-2024
And, on 17 Jan:- Forward Partners Group PLC - London-based early-stage technology-focused investor - Says nearly all shareholders vote in favour of takeover by Molten Ventures PLC on Wednesday at court and general meetings. In November, Molten Ventures agreed to buy Forward Partners, backed by the latter's largest shareholder asset manager BlackRock Inc. Tech-focused investor Molten said that under the terms of the acquisition, Forward Partners shareholders will receive one new Molten share for each nine shares in Forward Partners they hold. In turn, Molten's 279.6 pence closing price on Friday values Forward Partners at GBP41.4 million. Molten shareholders will own just over 91% of the enlarged firm.