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Leo Acquisitions, Blue Nordic Partners abandon reverse takeover

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Leo Acquisitions, Blue Nordic Partners abandon reverse takeover

Leo Acquisitions Corp. and Blue Nordic Partners Inc. said March 5 that they have terminated a proposed reverse takeover after failing to arrive at mutually acceptable terms.

Leo Acquisitions had proposed to acquire all of the issued and outstanding shares in the capital of Blue Nordic Partners.

Leo Acquisitions said it remains committed to identifying and executing a transaction, with a focus on targets in the highest-growth sectors.