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Matica Fintec Expands Internationally with Strategic Acquisitions

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Matica Fintec Expands Internationally with Strategic Acquisitions

Confident Investing Starts Here:

Matica Fintec SpA ( (IT:MFT) ) has shared an announcement.

Matica Fintec S.p.A. has signed a binding agreement for a reverse take-over, acquiring shares in Matica Corp. and Digital Identity Solutions Korea Co., Ltd. This strategic move aims to create an integrated group, enhancing Matica Fintec’s international presence by adding production facilities in South Carolina and South Korea, thereby entering the American market and completing its value chain. The operation is subject to shareholder approval and aims to strengthen the company’s market position and operational capabilities.

More about Matica Fintec SpA

Matica Fintec S.p.A. is an innovative SME listed on Euronext Growth Milan, specializing in the design, production, and marketing of advanced systems for issuing digital cards for financial and government institutions.

Average Trading Volume: 8,362

Technical Sentiment Signal: Buy

Current Market Cap: €18.52M

Learn more about MFT stock on TipRanks’ Stock Analysis page.

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