Australian Finance Group Completes Fintelligence Acquisition

MT Newswires Live

2024/11/29

Australian Finance Group (ASX:AFG) acquired the remaining 16.7% stake in National Finance Alliance, trading as Fintelligence, for AU$11.4 million, bringing its ownership to 100%, according to a Friday filing with the Australian bourse.

The company purchased an initial 75% stake in Fintelligence in December 2021 for AU$52.5 million, with an option to acquire the remaining 25% over a 3.5-year period, the filing said. It further increased its holding to 83.3% in September 2023.

Price (AUD): $1.54, Change: $+0.01, Percent Change: +0.46%

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It further increased its holding to 83.3% in September 2023.</p><p>Price (AUD): $1.54, Change: $+0.01, Percent Change: +0.46%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4125","symbol_name":"广播","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2487337642","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2487337642","pubTimestamp":1732843701,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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