ASP Isotopes (ASPI) said Friday that its offer to buy all of the ordinary shares of South African gas producer Renergen has been approved by the nation's Competition Commission.
The regulatory clearance is subject to some conditions, which are acceptable to ASP, the company said.
ASP said that, if the remaining conditions are fulfilled or waived, the scheme of arrangement is expected to become effective in Q3.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.