Diginex's $2B Resulticks Acquisition Nears Completion, Boosting ESG, AI, and Cybersecurity Ambitions
The market eagerly awaits the completion of Diginex Limited's ongoing due diligence reviews, particularly the acquisition of Resulticks Marketing Services Limited. This deal, valued at over $2 billion, is set to significantly impact Diginex's expansion strategy in the coming weeks.
Diginex's aggressive expansion strategy involves high-stakes financing for billion-dollar acquisitions. However, recent operational successes have demonstrated management's capability in navigating these risks.
The acquisition of Resulticks was executed in shares, with 1,241,496 ordinary shares issued. Of these, 1,055,272 have already been delivered, with the remaining shares to be delivered after twelve months, subject to an 18-month holding period. An additional 238,752 shares were reserved for key personnel, to be released over two years under vesting conditions.
The acquisition price for Resulticks consists of $1.4 billion in shares, $100 million in cash, and a $500 million share-based earnout tied to future EBITDA performance from 2026 to 2028. A successful conclusion of these planned acquisitions would establish Diginex as a leading provider in ESG, AI, and cybersecurity markets.
Diginex has already completed the acquisition of Matter DK ApS, valuing the Danish ESG data company at $13 million. Matter, a specialist in sustainability data and analysis, counts Nasdaq among its clients, and its management team will continue to run the company under Diginex.
The market eagerly anticipates the completion of Diginex's due diligence reviews, particularly the Resulticks acquisition. This deal, along with the recent acquisition of Matter DK ApS, positions Diginex to become a leading player in ESG, AI, and cybersecurity markets. Despite the risks associated with its aggressive expansion strategy, Diginex's operational successes have demonstrated management's capability in navigating these challenges.
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