Golden Matrix To Acquire Indirect 80% Controlling Interest In Classics for a Cause Pty Ltd Totaling ~$8.4M Inclusive Of Earnout Component
Portfolio Pulse from Benzinga Newsdesk
Golden Matrix Group Inc. (GMGI) is set to acquire an 80% controlling interest in Classics for a Cause Pty Ltd for approximately $8.4 million, including an earnout component. This acquisition could enhance GMGI's market position and growth prospects.
August 20, 2024 | 12:05 pm
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Golden Matrix Group Inc. is acquiring an 80% controlling interest in Classics for a Cause Pty Ltd for $8.4 million. This strategic acquisition could strengthen GMGI's market position and growth potential.
The acquisition of a controlling interest in Classics for a Cause Pty Ltd is a strategic move for GMGI, likely to enhance its market position and growth potential. The $8.4 million deal, including an earnout component, indicates a significant investment in expanding GMGI's business operations.
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