Brief: Innovation Beverage Group Enters Into Definitive Merger Agreement With Blockfuel Energy, Inc.
15/10/2025 13:07
Oct 15 (Reuters) - Innovation Beverage Group Ltd IBG.O: INNOVATION BEVERAGE GROUP ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH BLOCKFUEL ENERGY, INC. INNOVATION BEVERAGE GROUP LTD - COMBINED ENTITY VALUATION EXPECTED BETWEEN $220M-$343M INNOVATION BEVERAGE GROUP LTD - DANIEL LANSKEY TO BE APPOINTED CHAIRMAN AND CEO OF COMBINED CO INNOVATION BEVERAGE GROUP LTD - SAHIL BERI TO RESIGN AS IBG CEO AND BECOME PRESIDENT INNOVATION BEVERAGE GROUP LTD - DEAL EXPECTED TO CLOSE IN Q4 & WILL TRADE ON NASDAQ UNDER TICKER 'FUEL' Source text: ID:nGNX65Zrv4 Further company coverage: IBG.O