Concorde shares surge 22.22% intraday after merging with YOOV Group to create AI-driven security ecosystem.
ByAinvest
Wednesday, Feb 4, 2026 9:54 am ET1min read
CIGL--
Concorde International Group Ltd. surged 22.22% intraday, following its merger agreement with YOOV Group Holding Limited on February 3, 2026, valuing YOOV at $600 million. The transaction will integrate AIaaS automation solutions with security services to create an AI-driven security ecosystem.
The company specializes in smart security services, offering monitoring and facility management through a technology-driven model, with the merger enhancing its AI capabilities and expanding customer reach.
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