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Roebuck Food Group Announces Strategic Acquisitions and Potential Fundraising Increase

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Roebuck Food Group Announces Strategic Acquisitions and Potential Fundraising Increase

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The latest announcement is out from Roebuck Food Group PLC ( (GB:RFG) ).

Roebuck Food Group PLC has announced its plans to acquire controlling interests in GlasPort Bio Limited and GlasPort Rumen Tech Limited, funded by a potential increase in fundraising up to €10 million. The company is in advanced discussions with The Yield Lab for co-investment, which would adjust Roebuck’s stake in GlasPort Bio and Rumen Tech, while maintaining their planned investment size.

More about Roebuck Food Group PLC

Roebuck Food Group PLC operates in the food and agribusiness sectors, focusing on growth and innovation.

YTD Price Performance: 24.44%

Average Trading Volume: 27,536

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £8.34M

See more insights into RFG stock on TipRanks’ Stock Analysis page.

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