Off-topic for aiqbench
This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.
Anjoy Foods: Plans to Acquire Control of IFC for $30.47 Million
36Kr1 min read
36Kr reports that Anjoy Foods announced plans to acquire 69,450 ordinary shares of International Food Gnostics Corporation Pte. Ltd. (IFC) from TayTeckEng, BooChoonChik, RonSimChyeHock, and V3BrandsPte.Ltd., representing 60.0005% of IFC's issued share capital. The total transaction value for 100% equity in IFC is $50.7895 million, with the consideration for the 60.0005% stake set at $30.474 million, funded by the company's own resources. Upon completion, the company will gain control of IFC and include it within its consolidated financial statements.
Read the full article at 36Kr
