600 Group shares change hands
Posted on 07 Feb 2017. Edited by: John Hunter. Read 3175 times.
Investment group Haddeo Partners is to sell its 22.5% stake in listed manufacturer 600 Group — more than 23 million shares. The deal will be worth around £2 million, it is estimated.
The buyer is Disruptive Capital Investments II Ltd, which says that it has no present intention of making an offer for the company in full.
600 Group reported revenues of £45.3 million for the year to 2 April 2016, but it is said to have issued a profit warning and complained of a “lack of visibility” in sales.