UAE’s Averi Targets Johannesburg Listing Through Reverse Merger
AI Summary
Averi Finance from Dubai is pursuing a listing in Johannesburg through a reverse merger with Mantengu Ltd., a South African mining firm. This strategic move aims to enhance the company's market presence in the region.
Dubai-based Averi Finance is in talks with Mantengu Ltd. over a reverse takeover of the South African mining firm that would result in the Middle Eastern company listing in Johannesburg.