Verditek sells solar business to bondholders and reshuffles board

LONDON: Verditek (AIM:VDTK), a clean technology company, has agreed to sell its solar business to a new company owned by its bondholders for £528,340, subject to shareholder approval. The deal will also see the resignation of all the current directors and the appointment of Bob Holt and John Charlton as new directors. The solar business,…

Kingswood Holdings acquires financial advice business, Aim

LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has exchanged and completed on an acquisition of Aim Independent Limited (Aim) an independent financial advice business based in Eastleigh serving clients throughout Hampshire. Following regulatory approval, the business will be acquired for total cash consideration of up to £3.6m, payable over a two-year period, £1.8m will be…