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The OSL Group plans to acquire Banxa for 85.2 million Canadian dollars, and the stock price rose by 8% in response.
On June 30, the Hong Kong stock OSL Group (Hong Kong Stock Exchange: 00863) rose 8.13% during the trading session, currently quoted at 15.16 USD.
According to previous reports, on June 27, the OSL Group announced its plan to fully acquire the cryptocurrency infrastructure provider Banxa for 85.2 million Canadian dollars to expand its strategic planning for digital asset services.