Australia’s Two Way has signed a non-binding Letter of Intent to merge with Priority One Network Group Limited, which the company claims will allow it to become part of a much larger and well-capitalised business with significant international opportunities.
Two Way intends to make an off-market takeover bid for 100 per cent of Priority One’s shares in an all scrip deal. The proposed offer values the equity in Two Way at 4 cents per share, a [...]
