Milton Capital PLC - Special purpose acquisition company seeking opportunities in the energy sector - Agrees to extended exclusivity agreement for the potential acquisition of certain Horizon Energy Global Corp subsidiaries until the end of May. The companies had in February extended the agreement until the end of March. The energy transition company Horizon seeks to divest its European assets from its core North American domestic business. It says Horizon believes ‘a business combination with Milton will provide its shareholders with the best opportunity to progress these assets’. Milton’s board believes assets represent an ‘outstanding opportunity with high prospectivity’.
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