Brief: Concorde International Group Ltd Enters Merger With Yoov Group Holding To Build Next-Gen AI-Powered Security Ecosystem
04/02/2026 14:23
Feb 4 (Reuters) - Concorde International Group Ltd CIGL.O: CONCORDE INTERNATIONAL GROUP LTD. ENTERS INTO MERGER AGREEMENT WITH YOOV GROUP HOLDING LIMITED TO CREATE A NEXT-GENERATION AI-POWERED SECURITY ECOSYSTEM CONCORDE INTERNATIONAL GROUP - YOOV SHARES TO BE CONVERTED INTO RIGHT TO RECEIVE A CERTAIN NUMBER OF NEWLY ISSUED CLASS A ORDINARY SHARES OF CIGL CONCORDE INTERNATIONAL GROUP LTD - ON A FULLY DILUTED BASIS, MERGER VALUES YOOV AT AN EQUITY VALUATION OF US$600 MILLION CONCORDE INTERNATIONAL GROUP LTD - YOOV SHAREHOLDERS ENTERING LOCK-UP AGREEMENT WITH CIGL Source text: ID:nGNXcbqmn4 Further company coverage: CIGL.O ((Reuters.Briefs@thomsonreuters.com;))