Aim Bulletin
Touchstone to snap up rival Trinity in £24m deal
By Abigail Townsend
Date: Wednesday 01 May 2024
(Sharecast News) - Shares in Trinity Exploration & Production soared on Wednesday, after it agreed to be taken over by rival Touchstone Exploration.
Under the terms of the recommended all-share offer, Trinity shareholders will receive 1.5 new Touchstone shares for every Trinity share they hold. Both companies are listed on Aim.
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