Forward Industries (FWDI) said it will not pursue the proposed acquisition of sports-focused Brera Holdings plc (SLMT), ending its takeover approach after the target rejected its proposal. The deal cancellation is a setback for FWDI’s growth plans and suggests near-term strategic uncertainty for the company.
Forward Industries (FWDI) said it will not pursue the proposed acquisition of sports-focused Brera Holdings plc (SLMT), ending its takeover approach after the target rejected its proposal. The deal cancellation is a setback for FWDI’s growth plans and suggests near-term strategic uncertainty for the company.
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