Mobile phone services group Zamano has said that all talks regarding a possible takeover offer for the company have now ended.
In August, Zamano said it had received "a preliminary and highly conditional approach" regarding a possible offer for it at an offer price of €0.20 per ordinary share.
"All discussions regarding the approach have now been terminated and the company is no longer in talks regarding a possible takeover," a statement from the company said.
Zamano said it will continue to seek investment, acquisition and joint venture opportunities to enable it to grow and diversify its business.
