OSL Group Ltd. Releases Further Update on Europe Acquisition Amid Regulatory Changes in Lithuania

Reuters

05/23

OSL Group Ltd. Releases Further Update on Europe Acquisition Amid Regulatory Changes in Lithuania

OSL Group Ltd. has made a further supplemental announcement concerning its Europe Acquisition transaction. Due to regulatory changes in Lithuania affecting the digital assets and blockchain platform business, the timeline for completing the sale and purchase of the entire corporate capital of a Lithuanian subsidiary has become uncertain. To address this, a Sale Agreement has been established for the sale and purchase of Customer Agreements, aiming to achieve a similar commercial outcome as the initially planned completion. The Board considers the Aggregate Consideration and payment arrangements to be fair and reasonable for the company and its shareholders. This update follows previous announcements made in December 2024 and January and April 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OSL Group Ltd. published the original content used to generate this news brief on May 23, 2025, and is solely responsible for the information contained therein.

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Releases Further Update on Europe Acquisition Amid Regulatory Changes in Lithuania","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      OSL Group Ltd. Releases Further Update on Europe Acquisition Amid Regulatory Changes in Lithuania\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        OSL Group Ltd. has made a further supplemental announcement concerning its Europe Acquisition transaction. Due to regulatory changes in Lithuania affecting the digital assets and blockchain platform business, the timeline for completing the sale and purchase of the entire corporate capital of a Lithuanian subsidiary has become uncertain. 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Releases Further Update on Europe Acquisition Amid Regulatory Changes in Lithuania\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-23 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      OSL Group Ltd. Releases Further Update on Europe Acquisition Amid Regulatory Changes in Lithuania\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        OSL Group Ltd. has made a further supplemental announcement concerning its Europe Acquisition transaction. Due to regulatory changes in Lithuania affecting the digital assets and blockchain platform business, the timeline for completing the sale and purchase of the entire corporate capital of a Lithuanian subsidiary has become uncertain. To address this, a Sale Agreement has been established for the sale and purchase of Customer Agreements, aiming to achieve a similar commercial outcome as the initially planned completion. The Board considers the Aggregate Consideration and payment arrangements to be fair and reasonable for the company and its shareholders. 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OSL Group Ltd. published the original content used to generate this news brief on May 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1612","symbol_name":"加密货币概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250523:nNDL1gHPbF:1","article_id":"2537072132","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537072132","pubTimestamp":1748009017,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"OSL Group Ltd. has made a further supplemental announcement concerning its Europe Acquisition transaction. 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To address this, a Sale Agreement has been established for the sale and purchase of Customer Agreements, aiming to achieve a similar commercial outcome as the initially planned completion. The Board considers the Aggregate Consideration and payment arrangements to be fair and reasonable for the company and its shareholders. This update follows previous announcements made in December 2024 and January and April 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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