Diginex adjusts terms for $1.05 bln Resulticks deal
Blockchain firm Diginex revises acquisition terms of marketing tech company Resulticks, reducing the deal value to $1.05 billion from $1.2 billion.
Blockchain infrastructure provider Diginex Ltd. announced revised terms for its planned acquisition of Resulticks, a marketing technology company.
The revised agreement reduces the deal value to $1.05 billion from the previously agreed $1.2 billion, according to a filing. Diginex stated the adjustment reflects current market conditions and strategic alignment.
Resulticks, which specializes in customer engagement and marketing automation, will remain a wholly owned subsidiary post-acquisition. The transaction is subject to regulatory approvals and is expected to close in the second half of 2024.
Diginex did not disclose further financial details or operational changes resulting from the revised terms. The company emphasized that the acquisition remains a core part of its growth strategy in digital marketing solutions.
Shares of Diginex were not actively traded at the time of the announcement, and no immediate market reaction was reported.
Lucas covers M&A activity and startup funding rounds, tracking deal structures and valuations to explain what a transaction means for the companies and markets involved.
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