PAX Global Technology Completes Acquisition of Pax Technology Australia

Reuters
12/12
PAX Global Technology Completes Acquisition of Pax Technology Australia

PAX Global Technology Limited has completed the acquisition of the entire issued shares of Pax Technology Australia PTY Ltd., making it an indirect wholly-owned subsidiary. The acquisition was finalized on 1 September 2024, following a share purchase agreement with Eagle Fintech Australia PTY Ltd., which previously held an 80% stake in the target company. The transaction also involved a distributorship agreement granting the acquired company rights to distribute PAX products in Australia and New Zealand.

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. PAX Global Technology Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251212-11954743), on December 12, 2025, and is solely responsible for the information contained therein.

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