Crimson Tide chair to step down as takeover collapses

The long-running all-share takeover of Crimson Tide plc by Checkit PLC has collapsed. The deal was not backed by the required majority of shareholders, with 51% voting in favour and 49% against. Following the news, Crimson Tide chair Jacqueline Daniell, a former CEO at the firm, said she would step down from the position and … Continue reading Crimson Tide chair to step down as takeover collapses