ZipMoney to acquire Pocketbook for upfront consideration of A$6.0 mln

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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