Brief: Candy Club Says Received Notice Late Last Week That Potential Merger Deal Financed By Private Equity Had Been Withdrawn

Scalare Partners Holdings

11/10/2022 02:39

Oct 11 (Reuters) - Candy Club Holdings Ltd  CLB.AX :
    * US-BASED INVESTMENT BANK PROCESS UPDATE
    * RECEIVED NOTICE LATE LAST WEEK THAT A POTENTIAL MERGER
DEAL
FINANCED BY PRIVATE EQUITY HAD BEEN WITHDRAWN
    * FINANCING DISCUSSIONS WITH SEVERAL DIFFERENT PARTIES IN US
ARE
CONTINUING

Source text for Eikon:  ID:nASXc571xX 
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 ((Reuters.Briefs@thomsonreuters.com;))