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Rockpool Acquisitions Warns of Delay in European Lingerie Group Reverse Takeover

MT Newswires·08/19/2026 00:10:33
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12:10 AM EDT, 08/19/2026 (MT Newswires) -- Rockpool Acquisitions (ROC.L) warned of a further delay in the reverse takeover of European Lingerie Group after advanced talks with a potential investor ended without an agreement. The London-listed special-purpose acquisition vehicle said Tuesday that the Sweden-based intimate apparel and lingerie group is already pursuing discussions with other potential investors, while also seeking new potential funding sources. The investment at the center of the failed talks would have given European Lingerie Group funds for debt refinancing and working capital. Rockpool said the terminated negotiations derailed its takeover target's ability to repay debts to the company, putting its medium-term financial viability at risk.