OSL Group Ltd. Announces Acquisition of 90% Stake in Target Company through Share Transaction

Reuters

2025/06/02

OSL Group Ltd. Announces Acquisition of 90% Stake in Target Company through Share Transaction

OSL Group Ltd. announced a share purchase agreement on May 30, 2025, involving the acquisition of 90% of the issued shares of a target company. The transaction, valued at approximately US$15 million, will be settled through the issuance of consideration shares by OSL Midaspay Limited, a wholly-owned subsidiary of OSL Group. A shareholders' agreement will also be established to govern the operations and shareholder rights of the target company post-acquisition.

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 June 02, 2025, and is solely responsible for the information contained therein.

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