Currenc Group Announces Signed Reinstatement of Tranglo SPA and Agreement in Principle for Proposed 100% Acquisition
10/31/2026
Impact: 65
Technology
Currenc Group announced the signed reinstatement of its Share Purchase Agreement for subsidiary Tranglo and an agreement in principle for a proposed 100% acquisition valued at approximately US$666.7 million. The transaction’s longstop date has been extended to March 31, 2027, and completion remains subject to regulatory approvals, a Tripartite Agreement, funding arrangements, and other closing conditions. Management said the acquisition is central to the company’s strategic objectives and efforts to maintain its going-concern status.
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