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Follow on Google News | Financial Soultions: Another big carbon trading merger on the horizon.The emissions sector continues to see healthy business movement in spite of Copenhagen concerns.
The two AIM quoted firms intend to merge and transfer the enlarged body to the Main Market with Trading Emissions expected to reverse into Leaf through an all share offer. There is already strong initial shareholder backing for the deal with 42% of Trading Emissions and 43% of LCE shareholders pledging to vote for the merger even before talks were initiated, Financial Soultions believes. There has yet to be an announcement on the bid valuation. The two firms have said that they believe that the merger will create a balanced portfolio of renewable energy and carbon-focused assets in what is obviously a rapidly expanding industry with unparallel future growth expectations, Financial Soultions understands. With a significant number of international governments signaling their willingness to enter into a global emissions trading market, it seems to be only a matter of time before such a market comes into being, with industrialized nations like the U.S. presently seen to be stalling the process. Financial Soultions has learned that the U.S. Democrats have said they are optimistic of a “framework “ domestic policy being accepted before the December UN talks. # # # Financial Soultions is a Boutique Investment Advisory Firm with very selective Corporate, Private and Institutional Clientèle who enjoy above average returns and service. End
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