Day: August 22, 2024

MoneyHero, the largest and only U.S. publicly traded personal finance platform in Greater Southeast Asia, submits US$8.0 million offer to acquire 100% of the shares of competitor MoneySmart SINGAPORE, Aug. 22, 2024 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a market-leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced that it has made a non-binding offer to acquire 100% of the shares of MoneySmart, the second largest player in the market. This strategic move aims to consolidate MoneyHero’s leading position and unlock significant synergies in Asia’s rapidly evolving personal finance and insurance landscape. Under the terms of the offer, MoneyHero has valued MoneySmart at US$8.0 million with potential valuation upside....

REGINA, Saskatchewan, Aug. 22, 2024 (GLOBE NEWSWIRE) — PHARMACORP RX INC. (“PharmaCorp” or the “Corporation”) (TSXV: PCRX) is pleased to announce that it has agreed to acquire from two arm’s length vendors (the “Vendors”) a 90% interest in a pharmacy (the “Acquired Pharmacy”) located in Western Canada. The aggregate purchase price for the 90% interest is $2,207,170, will be funded from cash and is expected to close on or about August 30, 2024, subject to satisfaction of customary closing conditions. A key aspect of the transaction is that the Vendors will retain a 10% interest in the Acquired Pharmacy, and have agreed to continue working at the Acquired Pharmacy, with one of the Vendors entering into a long-term employment agreement as the managing pharmacist. This arrangement ensures continuity of leadership and aligns with PharmaCorp’s...