MPS Interactive Systems (MPSi), one of the wholly-owned subsidiaries of MPS, has agreed to acquire 65% of the issued and paid-up share capital of each of Liberate Learning (Australia), Liberate eLearning (Australia), App-eLearn (Australia), and Liberate Learning (New Zealand) (Liberate Group) and has executed a Share Purchase Agreement (SPA) dated August 29, 2023, for consideration of AUD 9.32 million. The consideration is payable as per the terms of SPA and other transaction documents.
The remaining 35% shareholding of each of the entities of Liberate Group will be acquired by MPSi in subsequent tranches based upon valuation methodology as agreed under the transaction documents.
MPS is a leading global provider of platforms and content solutions for the digital world. The long service history as a captive business allowed MPS to build unique capabilities and talents through strategic partner programs.
| Company Name | CMP |
|---|---|
| D.B. Corp | 231.40 |
| Navneet Education | 148.10 |
| Jagran Prakashan | 67.29 |
| HT Media | 22.25 |
| Hindustan Media Vent | 66.32 |
| View more.. | |
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