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Growler Mining Takes 87.5% Control of Argo Blockchain via Debt-for-Equity Swap, Triggering LSE Delisting
Take PrivateCrypto

Growler Mining Takes 87.5% Control of Argo Blockchain via Debt-for-Equity Swap, Triggering LSE Delisting

•October 21, 2025
•Oct 21, 2025
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ZoomInfo

ZoomInfo

acquirer

Argo Blockchain

Argo Blockchain

target

Deal Summary

Main creditor Growler Mining seized a 87.5% stake in Argo Blockchain through a debt-for-equity swap, gaining control and prompting Argo to delist from the London Stock Exchange. The transaction is a creditor-led takeover as part of a restructuring of Argo's obligations.

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