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Leadership changes at listed firm eyeing Versarien rescue
Summary by BusinessCloud.co.uk
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1 Articles
Leadership changes at listed firm eyeing Versarien rescue
An engineering group in talks to acquire stricken graphene specialist Versarien plc has undergone leadership changes. After Versarien served a notice of intention to appoint Leonard Curtis as administrators last week, fellow listed firm Time To ACT confirmed that it was in talks. Time to ACT had agreed a provisional £200,000 takeover deal in October which would have seen it take on responsibility for an Innovate UK loan of £5.7 million. However …
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