Powerhouse Ventures Ltd. (AU:PVL) has released an update.
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Powerhouse Ventures Limited has finalized its acquisition of Aliwa Funds Management, marking a significant milestone with the issuance of 12.5 million shares as part of an all-scrip deal. The acquisition is structured to potentially deliver additional shares based on Aliwa’s performance, aligning with shareholder interests through established milestones. This move is part of Powerhouse’s strategy to expand its offerings in funds management and capitalize on emerging growth opportunities.
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