ARAX / Core Business Holdings 2022
ARAX Holdings Corp acquired Core Business Holdings on December 14, 2022.
- Target
- Core Business Holdings
- Acquirer
- ARAX Holdings Corp
- Announced
- December 14, 2022
- Sub-sector
- Crypto / Digital Assets
Transaction overview
- ARAX Holdings Corp announced the acquisition of Core Business Holdings on December 14, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire blockchain-based fintech platforms including smart contracts, exchange settlement, neobanking, and payment systems to position ARAX at forefront of digital assets and tokenization.
Deal terms & multiples
Frequently asked questions
When did ARAX Holdings Corp announce the acquisition of Core Business Holdings?
ARAX Holdings Corp announced the acquisition of Core Business Holdings on December 14, 2022.
What sub-sector is Core Business Holdings in?
Core Business Holdings is tracked in the Crypto / Digital Assets sub-sector.
Sources
- energy.einnews.com /pr_news/606303287/arax-a-publicly-traded-company-makes-strategic-acquisition-of-blockchain-firm-core-business-holdings