Financial services company Simian Global Plc signed a non-binding letter of intent to acquire BVI-incorporated GVC Holdings Ltd. in an all-share deal. As a result of the reverse takeover, if completed subject to due diligence and other criteria, shareholders of Simian Global will have minority interest in the enlarged group.
GVC Holdings Ltd is an unrelated and separate entity to London Stock Exchange-listed media and advertising company GVC Holdings Plc.
Simian Global PLC is the company headquartered in the UK, operating acquired business, strategy implementation, and working capital management services.
