Pengo Holdings Group Ltd. Completes Disposal of 27% Equity Interest in Target Company

Reuters

2025/06/18

Pengo Holdings Group Ltd. Completes Disposal of 27% Equity Interest in Target Company

Pengo Holdings Group Limited has announced the successful completion of a significant transaction involving the disposal of a 27% equity interest in a target company. The completion occurred on 18 June 2025, after all conditions precedent under the Sale and Purchase Agreement were fulfilled. As a result of the transaction, the target company remains a non-wholly owned subsidiary of Pengo Holdings, with the company retaining a 51% ownership stake while the purchaser now holds 49%. The announcement was made by Pengo Holdings Group Limited on 18 June 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. Pengo Holdings Group Ltd. published the original content used to generate this news brief on June 18, 2025, and is solely responsible for the information contained therein.

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