PETALING JAYA: N2N Connect Bhd is proposing the acquisition of Hong Kong-based financial data and trading solutions provider AFE Solutions Ltd for a cash consideration of US$20.6mil (RM86.3mil) to expand the company’s regional presence.
The company said in a filing with Bursa Malaysia that a conditional sale and purchase agreement with Reuters International Holding SARL and Systex Capital Group Inc for the proposed acquisition of the company has been entered into.
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