Plantro Withdraws Dye & Durham Acquisition Proposal
Globenewswire·2025-10-20 12:32
Plantro Cites Materially Deteriorating Financial Results, Sale of Credas, Lack of Board Engagement, and Looming Debt Default Plantro to Evaluate Ownership Position in Dye & Durham SAINT HELIER, Jersey, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Plantro Ltd. ("Plantro") one of the largest shareholders of Dye & Durham Limited ("Dye & Durham" or the "Company") (DND: TSX) today, formally withdrew its September 24, 2025 proposal to acquire the Company for total consideration valued at $10.25 per share (the "Proposal"). S ...