Instead they will sell its cloning technology and its other assets piecemeal, the FT reported today.
PPL chief financial officer Lindsay Dunsmuir said the company was in talks with a ‘limited number of parties’ to sell a range of assets including its headquarters and laboratories near Edinburgh.
Dunsmuir said he had received firm offers for PPL’s offices and one of its farms.
Based on the latest share price of 4.5p, the company is valued at £5.3m.
At their peak in 1997 – the year of Dolly’s creation – they were worth 460p.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.