Save Foods Shares Move Higher After Co. Highlights Targeting Of US Carbon Credit Market Following Acquisition Of Majority Ownership In Newly- Formed Nitrousink Ltd
Portfolio Pulse from Benzinga Newsdesk
Save Foods, Inc. shares have risen after the company announced its acquisition of majority ownership in Nitrousink Ltd, targeting the US carbon credit market.
December 07, 2023 | 1:17 pm
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Save Foods, Inc.'s acquisition of Nitrousink Ltd positions the company in the growing US carbon credit market, potentially increasing investor interest and stock value.
The acquisition of Nitrousink Ltd by Save Foods, Inc. is a strategic move that could open up new revenue streams and market opportunities in the carbon credit sector, which is gaining importance due to increasing environmental concerns. This could lead to increased investor interest and a potential rise in stock price in the short term.
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