Court Sanctions Acquisition of National World PLC by Neo Media Publishing

National World PLC ( (GB:NWOR) ) has issued an announcement.

National World PLC has announced the court sanction of a scheme of arrangement for its acquisition by Neo Media Publishing Limited, a company wholly-owned by Media Concierge (Holdings) Limited. This acquisition, which involves an all-cash offer for the entire share capital of National World not already owned by Media Concierge, is expected to be completed by the end of May 2025, leading to the suspension and delisting of National World shares from the Main Market.

Spark’s Take on GB:NWOR Stock

According to Spark, TipRanks’ AI Analyst, GB:NWOR is a Outperform.

National World PLC demonstrates solid financial performance with strong revenue growth and a robust balance sheet. The technical analysis indicates stability but lacks strong upward momentum. The valuation is reasonable with a good dividend yield. Positive corporate events show strategic growth initiatives, enhancing the company’s long-term prospects.

To see Spark’s full report on GB:NWOR stock, click here.

More about National World PLC

Average Trading Volume: 163,694

Technical Sentiment Signal: Buy

Current Market Cap: £62.1M

For detailed information about NWOR stock, go to TipRanks’ Stock Analysis page.