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CAPEX.com to merge with NAGA GROUP AG to create a global fintech powerhouse

RECENTLY ACQUIREDApr 22, 2024

Acquiring Company

CAPEX Group

Acquired Company

NAGA GROUP AG

BrevardGermanyFinancial ServicesFinanceFintechLending

Description

NAGA GROUP AG announced that its extraordinary general meeting on April 12 approved the merger with CAPEX.com with 99.81% of the votes. This strategic merger will enable CAPEX.com to benefit from NAGA's technological ecosystem and offer a wide range of financial services, aiming to expand its user base and global presence.

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Company Information

Company

CAPEX Group

Location

100 ELKS CLUB ROAD

Brevard, North Carolina, United States

About

CAPEX Group was a financial services company that provided trading and investment opportunities. The company focused on offering a variety of asset classes to its clients. CAPEX Group aimed to deliver superior trading conditions and user experience. The firm was involved in a strategic merger with The NAGA Group AG.

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Frequently asked

Who acquired NAGA GROUP AG?

NAGA GROUP AG was acquired by CAPEX Group, based in Brevard. The deal was reported on April 22, 2024. CAPEX Group was a financial services company that provided trading and investment opportunities. The company focused on offering a variety of asset classes to its clients. CAPEX Group is privately held.

When did CAPEX Group acquire NAGA GROUP AG?

CAPEX Group's acquisition of NAGA GROUP AG was reported on April 22, 2024. NAGA GROUP AG announced that its extraordinary general meeting on April 12 approved the merger with CAPEX.com with 99.81% of the votes. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NAGA GROUP AG do?

NAGA GROUP AG, the acquired company, is a leading German fintech company offering a SuperApp that unites social trading, stock investments, cryptocurrencies, and Neo-banking on a unified platform powered by its own advanced technology. It is privately held, operating in Financial Services, and is based in Germany.

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