Count to acquire majority interest in Skybridge

Summary by 6ix AI

Count Limited has announced a binding agreement to acquire a majority interest in Skybridge Financial, which is a significant step in its strategy to enhance its integrated wealth and accounting platform. Count Group plans to fund the acquisition through a fully underwritten institutional placement to raise funds, alongside existing cash reserves and debt capacity. The acquisition is expected to provide strategic benefits, including increased scale and potential synergies with Count Group's existing services.

Written by 6ix AI from the company’s filing. How 6ix writes summaries