Victoria ends takeover discussions with Lano Carpets
The board of AIM-traded floorcovering designer and manufacturer Victoria announced the end of discussions over a potential acquisition on Friday.
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It had been in talks with the shareholders of Lano Carpets about a combination of the companies, but in a statement it confirmed talks had ceased.
“Victoria remains focussed on its strategy of pursuing acquisition opportunities that will create shareholder wealth,” Victora’s board said in a statement.
“Discussions are already underway with suitable businesses both within the UK and overseas.”