IFS AB Finalizes Billion-Dollar Acquisition of Copperleaf

Copperleaf Tech (TSE:CPLF) has released an update.

Industrial and Financial Systems, IFS AB has successfully completed the acquisition of Copperleaf Technologies Inc., buying all outstanding shares for $12.00 each, culminating in a total equity value of about $1.0 billion. Following the acquisition, Copperleaf’s shares will be removed from the Toronto Stock Exchange and the company will cease to be a reporting issuer in Canada.

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