StockMarketWire.com - Struggling small-cap fertilizer group Plant Impact said it had agreed to be acquired by Croda Europe for around £10m.

Croda offered 10.57p in cash for each Plant Impact share, representing a 79.9% premium to their closing price on Thursday.

'The board has concluded that the best interests of the shareholders are served by selling the company now whilst it remains able to support its trading activities from its remaining cash reserves,' chairman David Jones said.


At 9:41am: [LON:PIM] Plant Impact PLC share price was +4.13p at 10p



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