Victoria evaluating opportunities including acquisition of Keraben Grupo

AIM-listed flooring designer and manufacturer Victoria said on Tuesday that it is evaluating a number of opportunities, including the potential acquisition of European ceramic tile manufacturing business Keraben Grupo.

FTSE AIM 100

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16:49 18/11/24

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FTSE AIM All-Share

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16:50 18/11/24

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Household Goods & Home Construction

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Victoria

53.00p

16:30 18/11/24

-3.28%

-1.80p

In a statement in response to press speculation, the company noted that it has stated it is part of its growth strategy to make highly selective acquisitions, adding that it is frequently in discussions with a number of parties.

If an acquisition were to proceed, it would be classified as a substantial transaction for the purposes of the AIM Rules for Companies. However, Victoria said there is no guarantee that it will go ahead.

A further announcement will be made in due course as appropriate.

At 1425 GMT, the shares were down 0.1% to 749p.