IMF Completes the Acquisition of Omni Bridgeway

  • Nov 08, 2019 AEDT
  • Team Kalkine

IMF Bentham Limited (ASX: IMF) has completed the acquisition of Omni Bridgeway Holding B.V. and has made the completion payment of €31.18 million to the Omni Bridgeway shareholders.

  • The acquisition is expected to increase IMF’s growth rate;
  • It will create a major diversified global litigation funding platform across common law and civil law jurisdiction;
  • It will have the ability to provide an end-to-end solution for clients in the pre and post judgement space, supported by a global team.

At AEST 1:08PM, the stock was trading at $3.34, down by 1.7%.

 

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