MFS Capital Partners has completed the acquisition of 100 per cent of the issued share capital of Century Business Machines (CBM).
The company says all conditions required to close the transaction have been satisfied or waived, making CBM a wholly-owned subsidiary of MFS.
MFS says the acquisition forms part of its strategy to diversify its product offerings, expand its business operations and strengthen the growth of its balance sheet.
The company says it will provide further updates to shareholders and the public as necessary, in keeping with its continuous disclosure obligations.
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