Brief: Worthington to acquire substantial gold producing assets to add to mining interests
31/03/2015 15:37
March 31 (Reuters) - Worthington Group Plc WOXC.L
* Entered into negotiations to acquire substantial gold
producing assets to add to its mining interests
* Company's total interests will be split into five primary
divisions
* Is current view of FCA that co is investment entity and
should potentially apply for listing under rule 15 for premium
list cos
* Has been negotiating to merge with an overseas listed
company
* Assuming successful outcome to negotiations, merged co
will be traded on three european exchanges as well as in united
states
* Expects to be able to announce outcome of these
negotiations before end of april
* Has also agreed, in principle, to acquire a substantial
interest in a revolutionary new music business
Source text for Eikon: ID:nRSe0407Ja
Further company coverage: WOXC.L
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