Fusion Fuel Green PLC Issues Correction on Acquisition Details of Quality Industrial Corp

Reuters
2025.09.10 21:03
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Fusion Fuel Green plc has corrected its financial report regarding its acquisition of a 69.36% stake in Quality Industrial Corp. The company clarified adjustments related to Share Consolidation and equity events affecting earnings per share. Pro forma financial statements were prepared under IFRS 3, identifying Fusion Fuel as the acquirer. The preliminary purchase price allocation includes estimated fair value adjustments to QIND’s net assets and liabilities, with further refinements expected.