FDCTech / Alchemy Group 2023
FDCTech acquired Alchemy Group on October 5, 2023.
- Target
- Alchemy Group
- Acquirer
- FDCTech
- Announced
- October 5, 2023
- Sub-sector
- Capital Markets Tech
Transaction overview
- FDCTech announced the acquisition of Alchemy Group on October 5, 2023.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire regulated trading and investment platform operations across UAE, UK, and Malta to expand into European, Asian, and Australian markets and support uplisting.
Deal terms & multiples
Frequently asked questions
When did FDCTech announce the acquisition of Alchemy Group?
FDCTech announced the acquisition of Alchemy Group on October 5, 2023.
What sub-sector is Alchemy Group in?
Alchemy Group is tracked in the Capital Markets Tech sub-sector.
Sources
- benzinga.com /pressreleases/23/10/g35117357/fdctech-signs-the-definitive-agreement-to-merge-with-alchemy-group-seeks-uplist