EUDA Health Holdings Acquires CK Health For Aggregate Share Consideration Of 10M Newly Issued Ordinary Shares Valued At $15M
Portfolio Pulse from Benzinga Newsdesk
EUDA Health Holdings has completed the acquisition of CK Health, paying with 10 million newly issued ordinary shares valued at $15 million. This strategic move aims to expand EUDA's healthcare services and market reach.
May 06, 2024 | 9:10 pm
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EUDA Health Holdings' acquisition of CK Health for $15M in shares could signal strategic growth, potentially impacting its market position positively.
Acquisitions often lead to synergies that can enhance the acquiring company's market position and financial performance. Given the size and nature of this deal, it's likely to be viewed positively by investors, reflecting potential for growth and expansion in EUDA's healthcare services.
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