Singapore SPAC Vertex Technology to buy streaming platform for up to $676 mln
Oct 2 (Reuters) - Singapore's Vertex Technology Acquisition Corp VERT.SI signed a deal to buy live streaming platform 17LIVE Inc for up to S$925.1 million (about $676 million), the special purpose acquisition company (SPAC) backed by state-investor Temasek said on Monday. ($1 = 1.3682 Singapore dollars) (Reporting by Adwitiya Srivastava in Bengaluru; Editing by Savio D'Souza) ((Adwitiya.Srivastava@thomsonreuters.com;))
Recent news on 17LIVE
See all news17LIVE Group H1 net loss narrows on lower expenses
Brief: 17Live Group Says Jiang Honghui To Transition To Non-Executive Non-Independent Director
Brief: 17Live Group Logs H1 Pretax Profit USD -4.1 Mln
Brief: 17Live Group Says FY Operating Income USD 9 Million
Brief: 17LIVE Group Announces Settlement Agreement With Music Copyright Organisation