MNF Transaction receives IAB shareholder approval
MNF Transaction receives IAB shareholder approval
Sydney, Dec 7, 2018 AEST (ABN Newswire) - MNF Group Ltd (ASX:MNF) to acquire Wholesale and Enablement Business from Inabox Group (ASX:IAB). The Board of MNF Group Limited (MNF) is pleased to announce that at the IAB General Meeting held on Friday, IAB shareholders voted resoundingly in favour of divesting their main business undertaking.

This was the only condition required for MNF to complete the acquisition of the Wholesale and Enablement Business from IAB. MNF will now work constructively with the IAB team to complete the transaction over the coming few days.

The MNF Board wishes to thank IAB shareholders for their support of the transaction.


About MNF Group Ltd

MNF GroupMNF Group Limited (ASX:MNF) is one of Asia-Pacific's fastest growing technology companies. Listed on the ASX since 2006, it is now capitalised at around $320M, and twice winner of the Forbes Asia-Pacific "Best under a Billion" award. Headquartered in Sydney, Australia, the company has over 500 people located across Asia-Pacific, Europe and North America. MNF develops and operates a global communications network and software suite enabling some of the world’s leading innovators to deliver new-generation communications solutions.

As the world moves to IP, MNF Group is building the brands, services, network and technology to lead the way.

For further information about MNF Group Limited please visit: http://mnfgroup.limited/

  


Contact

Renee Halliday
Executive Assistant to CEO
E: renee.halliday@mnfgroup.limited
T: +61-2-8008-8231



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