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Felix Group Holdings Ltd. ( (AU:FLX) ) just unveiled an announcement.
Felix Group Holdings Ltd has completed the acquisition of Nexvia Pty Ltd, acquiring 100% of its issued share capital. This strategic acquisition is aimed at accelerating Felix’s Vendor monetization strategy, with a focus on supporting Nexvia’s organic growth and integrating the platforms to unlock revenue potential.
More about Felix Group Holdings Ltd.
Felix Group Holdings Ltd operates a cloud-based enterprise Software as a Service (SaaS) procurement management platform and vendor marketplace. The company focuses on connecting enterprises and third-party vendors by digitizing, automating, and streamlining procurement-related business processes, thereby reducing supply chain risk and improving transparency and governance.
Average Trading Volume: 127,256
Technical Sentiment Signal: Buy
Current Market Cap: A$53.43M
For detailed information about FLX stock, go to TipRanks’ Stock Analysis page.