Worely Chemetics will take a run at Nano It makes no sense for Nano not to be swallowed up by Worely. There is zero chance that Nano can offer anything by going this alone that isn't vastly improved by being swallowed up into the Worely corporate entity.
Worely Chemetics is Canadian based which will get us through Canadian federal government objections. Nano itself will retain a 49% ownership stake in the business. Nano core SMEs will have vastly more funding to continue their research and development advancing the state of the art. And Nano management will be all packaged out handsomely.
And shareholders will get an immediate windfall by selling 51% of the company to Worley for $6 CAD and shareholders will retain sustained long term exposure to the benefits this process technology has potential to deliver.