Carbon Acquisition Company Ltd to acquire Ecosecurities Group Plc
November 10, 2009
Written by Editor, in Carbon, Green News
According to the Press Release, “Carbon Acquisition Company Ltd’s, a wholly-owned indirect subsidiary of J.P. Morgan (NYSE: JPM) £1.05 a share offer to acquire EcoSecurities Group Plc (EcoSecurities) (LSE: ECO), a leading company in the business of sourcing, developing and trading emission reduction credits, has become wholly unconditional.
Carbon Acquisition Company expects to complete the acquisition of EcoSecurities during December 2009. As of Friday, October 30, the level of acceptances of its offer to acquire the share capital of EcoSecurities, taken together with holdings of and purchases made by Carbon Acquisition Company concert parties, represents in excess of 80% of EcoSecurities’ share capital.”
Source:Eco Securities
