Brief: Iweb Inc, Otc Markets Qb, Iwbb, Announced It Will Acquire Tingo Mobile PLC. From Tingo International Holdings, Inc, In A Deal Valuing The Tingo Mobile PLC At $3.7 Billion USD

Tingo

30/07/2021 14:37

July 30 (Reuters) - IWeb Inc  IWBB.PK :
    * IWEB INC, OTC MARKETS QB, IWBB, ANNOUNCED IT WILL ACQUIRE
TINGO
MOBILE PLC. FROM TINGO INTERNATIONAL HOLDINGS, INC, IN A DEAL
VALUING THE TINGO MOBILE PLC AT $3.7 BILLION USD
    * IWEB INC - HAVE AGREED TO PAY $4.00 PER SHARE WITH AN
ISSUANCE
OF 928 MILLION NEW SHARES VALUING TINGO AT $3.7 BILLION USD

Source text for Eikon:  ID:nPnb3FqxFa 
Further company coverage:  IWBB.PK 

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