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SmartPay Holdings Limited ( (DE:KX2) ) has shared an announcement.
Smartpay Holdings Limited has entered into an exclusivity agreement with an international strategic party regarding a potential acquisition of all its shares at NZ$1.20 per share. The agreement allows Smartpay to explore this proposal exclusively until June 9, with the possibility of considering superior offers thereafter. While this move indicates a strategic shift, there is no guarantee of a finalized transaction, and shareholders are advised to await further announcements.
More about SmartPay Holdings Limited
Smartpay Holdings Limited operates in the financial technology industry, focusing on providing payment solutions. The company is known for its electronic payment services and products, catering primarily to businesses in New Zealand and Australia.
YTD Price Performance: 25.29%
Technical Sentiment Signal: Buy
Current Market Cap: €104.1M
See more insights into KX2 stock on TipRanks’ Stock Analysis page.
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