Mergers and acquisitions firm ILUS International Inc (OTCMKTS:ILUS) was in action in the markets last week and it was evident from the price action in its stock. This past Friday, the ILUS stock ended the day with gains of as much as 27% and that took its gains for the whole of previous week to 72%.
In order to get an idea about the excitement among investors with regards to the ILUS stock, it might be a good idea to take a look at the company’s progress in 2021 so far. The company has already completed three acquisitions so far in the year and at this point of time; it is in discussions with regards to other acquisitions.
The acquisitions that the company is working on are in Europe and the United States. Last week the company provided an update with regards to the big ticket European acquisition that it is working on.
The company noted that it has been working on the acquisition of the large scale manufacturing unit in Europe for the past six months. John-Paul Backwell, a managing director at ILUS, stated that the company was now in the final stretch of completion of the acquisition process.
