Affle India completes acquisition of 66.67% of Appnext

Affle India completes acquisition of 66.67% of Appnext

Jul 01, 2020 08:07 IST capital market

Affle India announced that the subsidiary of the Company has on 30 June 2020 completed the necessary closing conditions for acquisition of 66.67% shares of Appnext, and the companys step down subsidiary has completed the necessary closing conditions for acquisition of 100% Tech assets.

The closing for the remaining 28.33% shares and 5% shares of Appnext shall be completed within 3 years and 5 years respectively from this date.

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