Flow Group could dump sale of energy supply business
Flow Group, the listed Chester company which provides a range of innovative energy technologies, has said it is in the advanced stages of preparing a ‘significant’ capital fundraising as an alternative to selling its Flow Energy business.
Flow Group said that any agreed investment will be made in the form of convertible securities and new equity.
In March, the company entered into an exclusivity agreement for the sale of its energy supply business.
It has now said that whilst discussions with the preferred bidder for the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
