PANews reported on June 27 that OSL Group (00863), a Hong Kong-listed company, announced that the company intends to acquire all shares of Banxa through its indirect wholly-owned subsidiary OSL BNXA Acquisition Inc., with a maximum total acquisition price of approximately 8.52 million Canadian dollars. Banxa is a cryptocurrency infrastructure provider listed on the Toronto Stock Exchange's venture board, with business coverage in Europe, North America, and Australia. This acquisition aligns with OSL Group's strategic layout for global expansion in the digital asset industry.
OSL Group plans to acquire all shares of Banxa for up to 85.2 million Canadian dollars
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