Openn Negotiation Limited (AU:OPN) has released an update.
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Openn Negotiation Limited is set to acquire Proffer Group Pty Ltd, aiming to transform the ANZ real estate market by enabling transactions of unlisted properties. The move will be supported by a $2.5 million private share placement and is expected to provide a unique, integrated product suite for end-to-end property transactions. This strategic acquisition is designed to leverage Openn’s extensive user base to drive rapid adoption and unlock new revenue streams.
For further insights into AU:OPN stock, check out TipRanks’ Stock Analysis page.