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IHC’s unit acquires 100% stake in Spranza Commercial Investment

Multiply Group, a wholly-owned subsidiary of International Holdings Company (IHC), has completed the acquisition of a 100% stake in Spranza Commercial Investment – sole proprietorship.

Spranza Commercial Investment is specialised in commercial enterprises investment services, according to a bourse filing on Tuesday.

It is noteworthy to mention that in May 2021, Multiply acquired a minority stake in the US-based Firefly, a street-level digital media platform connecting audiences with dynamic media on taxis and rideshare vehicles.

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