Thndr Claps » EGY Claps » Mergers & Acquisitions 🤝 » Domty allows due diligence 👨💼
The ClapsDomty (DOMT) agreed to allow Expedition Investments to conduct due diligence in order to complete its acquisition offer.
The DeetsDomty affirmed that both its Chairman & Managing Director are among the consortium that proposed the offer, which means their stakes will increase in the event the acquisition goes through.
BackstoryA consortium of investors presented Domty with a non-binding offer to acquire a 90% stake, with the final bid to be offered following due diligence.
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