Affle India's subsidiary acquires further 28.33% stake in Appnext

Affle India announced that the company's wholly owned subsidiary, Affle International has entered into a definitive share purchase agreement to acquire 28.33% shares of Appnext for a consideration of USD 8.21 million including the contingent incremental consideration of USD 4.75 million, to be paid over a period of 18 months.

Earlier in June 2020, the Affle International had acquired 66.67% shares of Appnext.

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