on Diginex Limited (ETR:I0Q)
Diginex and Resulticks Announce Amended Agreement for Global AI-Powered Group
Diginex Limited and Resulticks have signed a revised agreement to create a global AI-driven group for customer engagement and sustainability data. The deal involves Diginex acquiring Resulticks for $1.05 billion through an all-share transaction. Upon completion, Resulticks' shareholders will hold the majority stake in the new entity.
This merger aims to leverage both companies' strengths: Resulticks' AI-based customer engagement solutions and Diginex's ESG and compliance services. The partnership is expected to enhance customer trust and support sustainable growth, tapping into growing demands for sustainable practices and personalized customer experiences.
The revised terms include a significant $70 million private funding to finance this venture. Completion is anticipated by October 2026, pending regulatory and shareholder approvals. New leadership will see Redickaa Subrammanian become the CEO of the combined firm.
R. P.
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