Collagen Solutions PLC (LON:COS) has revealed that several options remain open as its formal sales process continues, including the sale of the company.
In a regulatory statement, the group told investors that it received indications of interest for a potential purchase of the whole company, a potential purchase of part of the business, and a refinancing of the company.
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“The company looks forward to engaging with relevant parties in a constructive and positive manner with a view to optimising value for shareholders,” Collagen said.
But, it added: “There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made, or that any transaction will ensue.”
A formal sales process was launched on April 16 when the group appointed Goodbody Stockbroker as its joint financial adviser.
The company had a deadline of May 15 for intentions of interest to be submitted from third parties.