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NAHL, Frenkel Topping performing mutual due diligence as merger talks continue
StockMarketWire.com
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National accident helpline owner NAHL said merger discussions with financial consultancy Frenkel Topping were ongoing and the companies had entered a period of mutual due diligence.
NAHL had announced last month that it had received a preliminary approach from Frenkel Topping that would constitute a reverse takeover of Frenkel Topping by NAHL.
UK regulators had granted a request for an extension to the date by which Frenkel Topping had to make an offer, until 18 November.
At 1:47pm:
(LON:FEN) Frenkel Topping Group PLC share price was 0p at 49p
(LON:NAH) Nahl Group share price was +2.2p at 54.1p
Story provided by StockMarketWire.com
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