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MA Financial Group Limited ( (AU:MAF) ) has shared an update.
MA Financial Group Limited has successfully completed the acquisition of IP Generation Pty Ltd, marking a strategic expansion in its operations. The acquisition involves the issuance of approximately 11.4 million MAF shares as part of the upfront consideration, with a deferred component to be paid in cash and shares in 12 months. This move is expected to enhance the company’s growth prospects, with additional earnout considerations contingent on future performance milestones.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.23 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
More about MA Financial Group Limited
MA Financial Group Limited operates in the financial services industry, providing a range of investment and advisory services. The company focuses on delivering tailored financial solutions and has a market presence in investment banking, asset management, and lending services.
Average Trading Volume: 249,800
Technical Sentiment Signal: Buy
Current Market Cap: A$1.69B
For a thorough assessment of MAF stock, go to TipRanks’ Stock Analysis page.