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Forte Energy pushes ahead with reverse takeover

If successful, the transaction would see the company relaunched as a financial technology company.
Forte Energy pushes ahead with reverse takeover
It comes after a deal was agreed with DJ Family Trust, which had a 51% stake in BGL

Forte Energy (LON:FTE) told investors it has made an offer to acquire the 49% of BOS GLOBAL Limited (BGL) that it doesn’t already own.

It comes after a deal was agreed with DJ Family Trust, which had a 51% stake in BGL, and the transaction would see the company relaunched as a financial technology (of fintech) company.

Forte’s offer to the remaining BGL shareholders is on the same terms as the DJ Family Trust deal.

The transaction, if it goes ahead, will take the form of a reverse takeover.

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Forte Energy NL Timeline

Newswire
December 17 2015
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October 02 2015

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