PHI Group Reports Significant Progress on Planned Acquisition of South African Company
PHI Group (www.phiglobal.com; PHIL), a U.S. public company currently engaged in conventional energy, renewables, natural resources and special situations, announced today that the shareholders of the previously announced undisclosed South African target company ("TARGET") that represent 68% of the total issued share capital have approved PHI Group's tender offer to acquire the TARGET for cash.
View full press release