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.
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.
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