June 6 (Reuters) - zipMoney Ltd (ZML) :
- Oversubscribed A$20.6M placement and proposed acquistion (ZML)
- ZipMoney has entered into a non-binding indicative term sheet to acquire Pocketbook
- Placement funds will provide loan book equity capital, fund the proposed acquisition of Pocketbook and provide expansion capital
- Non-binding indicative term sheet to acquire Pocketbook for an upfront consideration of A$6.0 million
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