UPDATE 1-SovGEM in reverse buyout with Hanson Westhouse

May 6 (Reuters) – SovGEM Ltd , the Jersey-based
emerging market equity finance house, said it plans to buy
Hanson Westhouse Ltd, an investment bank specialising in small,
mid-cap companies and emerging markets, for about 3 million
pounds ($4.51 million) in a reverse takeover.

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