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North American Morning Briefing: Fears Heighten -2-

North American Morning Briefing: Fears Heighten -2-
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Pyongyang
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North-korea
Australia
Japan
United-states
United-kingdom
Washington
China
Russia
Canada
Michigan

AGC Networks Limited's subsidiary to acquire Dragonfly Technologies Pty Ltd

AGC Networks Limited's subsidiary to acquire Dragonfly Technologies Pty Ltd
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Australia
Australian
Enterprise-networking-solutions
Technologies-pty-ltd
Technologies-pty-ltd-target-company
Networks-limited-the-company
Consulting-pty-ltd-seller
Cyber-security-solutions
Cylaiako-nominees-pty-ltd-seller
Nominees-pty-ltd-seller
Box-technologies-australia-pty

AGC to strengthen its presence in Middle East

To acquire cloud cyber security tech firm Z Services HQ DMCCAGC Networks announced that Black Box Holdings, Indirect Wholly-Owned Subsidiary of AGC Networks, has entered into a Share Sale Agreement with Z Services Holding, a BVI business company incorporated in the British Virgin Islands on 11 March 2021, to acquire 76% of shares of Z Services HQ DMCC (Target Company being limited liability company incorporated under laws of Dubai Multi Commodities Center), for total consideration of approx. USD 3.94 million, payable at the time of closing. The said acquisition is anticipated to be completed within 60 days of signing the share purchase agreement. The said acquisition of Target Company will help AGC to strengthen presence in Middle East region and also add cloud cybersecurity capabilities to offer wider range of services to its customers.

Dubai
Dubayy
United-arab-emirates
British-virgin-islands
Ez-services
Z-services-holding
Box-holdings
Dubai-multi-commodities-center
Black-box-holdings
Indirect-wholly-owned-subsidiary
Share-sale-agreement

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