A group of companies aims to acquire Perpetuus Carbon, the UK may block the deal

A group of companies, led by Taurus International Ltd, has announced a planned acquisition (officially a merger) of UK-based graphene-developer Perpetuus Carbon Technologies.

Perpetuus image

No financial details were announced, but the UK’s Secretary of State issued a public interest intervention notice to intervene in the proposed transaction – citing national security concerns. The UK’s Competition and Markets Authority (CMA) will prepare a report on the proposed transaction, by 7 February 2022.

Read More | Graphene-Info
Graphene investing and financials