Financial Tech picks up 90% stake in ICX for $1.5 mln

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New Delhi, Apr 13 (UNI) Financial Technologies India Ltd said it has acquired 90 per cent stake in ICX Platform (PTy) Ltd, Johannesburg for 1.5 million dollars.

ICX, a technology company based in South Africa, has IPR and corporate ownership of Electronic Warehouse Receipts Technology, said a statement.

The deal is subject to applicable approvals and fulfillment of certain representations and warranties by sellors of ICX.

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