Veefin and TradeAssets end acquisition talks
Summary by Global Trade Review (GTR)
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Veefin and TradeAssets end acquisition talks
A planned acquisition of TradeAssets by Estorifi, a Veefin Group company, will no longer proceed, the two companies have confirmed. In a statement, TradeAssets says the transaction extended beyond the agreed timeline, and the decision was made mutually and “amicably”, reflecting the “evolving priorities and strategic directions of each organisation”. Veefin Group announced its intended acquisition of TradeAssets in February, as part of a push to…
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