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OSL Group Completes Major Acquisition of Banxa, Making It a Wholly Owned Subsidiary

Story Highlights
  • OSL Group has finalized its major transaction to acquire Banxa after all conditions were met.
  • Completion makes Banxa an indirect wholly owned subsidiary, bolstering OSL’s digital asset footprint.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OSL Group Completes Major Acquisition of Banxa, Making It a Wholly Owned Subsidiary

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BC Technology Group Limited ( (HK:0863) ) has issued an update.

OSL Group Limited has completed its previously announced major transaction to acquire Banxa, following satisfaction or waiver of all conditions under the arrangement agreement. The deal, finalized on 2 January 2026, results in Banxa becoming an indirect wholly owned subsidiary of OSL, consolidating Banxa’s operations under the group and potentially strengthening OSL’s capabilities and scale in its digital asset and financial technology businesses, with expected implications for its competitive positioning and growth strategy in the sector.

The most recent analyst rating on (HK:0863) stock is a Hold with a HK$19.00 price target. To see the full list of analyst forecasts on BC Technology Group Limited stock, see the HK:0863 Stock Forecast page.

More about BC Technology Group Limited

OSL Group Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates as a diversified financial services and technology group, with its business activities centered on digital asset and related fintech services. The company is overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting a conventional listed-company governance structure for a regional financial and technology player.

Average Trading Volume: 4,308,315

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$13.51B

Find detailed analytics on 0863 stock on TipRanks’ Stock Analysis page.

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