An independent expert’s report, commissioned to assess a deal for Po Valley to sell its subsidiary Po Valley Operations to 53.8%-owned subsidiary Saffron Energy in exchange for 200 million shares found it was a bad deal.
Po Valley will keep its Italian assets after scrapping three-way deal
Po Valley will now retain its Italian assets. The original plan was to reorganise its assets, with Saffron becoming a three-way vehicle to host its own assets, three new projects from PVO, and...
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