Metal Sky Star Acquisition Corp. Signs LOI to Acquire Fedilco Group Limited, Owner of Viva Armenia, Expanding Into Armenia's Telecom Sector
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Metal Sky Star Acquisition Corp. has signed a Letter of Intent to acquire Fedilco Group Limited, the owner of Viva Armenia, marking its expansion into Armenia's telecom sector.
October 15, 2024 | 1:24 pm
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Metal Sky Star Acquisition Corp. has signed a Letter of Intent to acquire Fedilco Group Limited, which owns Viva Armenia, indicating a strategic expansion into Armenia's telecom sector.
The acquisition of Fedilco Group Limited by MSSA represents a strategic move into the telecom sector in Armenia, potentially increasing MSSA's market presence and revenue streams. This expansion is likely to be viewed positively by investors, leading to a potential short-term increase in MSSA's stock price.
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