Australian biomass technologies firm Verdant Earth Technologies Limited is working on a $160.6 million deal to list on the London Stock Exchange through a merger with Alteration Earth PLC, a London-listed SPAC.
Alteration Earth announced that it signed a non-binding agreement to acquire Verdant in an all-stock transaction that hinges on the completion of due diligence and regulatory clearances, among other conditions. The parties target completion of the transaction by the end of the year, Renewables Now reports. Read more.
