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NAHL, Frenkel Topping performing mutual due diligence as merger talks continue

StockMarketWire.com

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