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

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.