Corporate Action
TANTALIZERS PLC - TANTALIZERS SIGNS MOU WITH KARFLEX FISHERIES LIMITED
* Tantalizers Plc has signed a Memorandum of Understanding (MOU) to acquire significant assets from Karflex Fisheries Limited and Karflex Investment Limited, including 24 fish trawlers and shrimpers, 13 cold room facilities, and related infrastructure. * The acquisition is part of Tantalizers Plc’s strategic diversification into Nigeria’s blue economy and commercial seafood sector, with the assets to be integrated into its subsidiary, Tantalizers Fisheries Limited. * The transaction is subject to a comprehensive due diligence process, final negotiations, regulatory approvals, and the execution of definitive transaction documents.
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