Mergers & Acquisitions ·
FDCTech agrees to acquire Larstal for $2.35M base price in cash-free, debt-free deal
FDCTFdctech, Inc.
FDCTech entered into share purchase agreements to acquire Larstal Limited and its Danish subsidiary for an aggregate base price of $2.35 million. The transaction is subject to regulatory approvals from the UK Financial Conduct Authority and the Danish Financial Supervisory Authority. Completion requires submission of change-in-control applications within 14 days, with payments structured through deposits, interim monthly installments, and a final balance at closing. FDCTech operates in the financial technology sector.