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BRIEF-Axis Enters Into Asset Purchase Agreement For Sale Of Auto Finance Business
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BRIEF-Axis Enters Into Asset Purchase Agreement For Sale Of Auto Finance Business
Oct 22, 2024 12:49 PM

Oct 21 (Reuters) - Axis Auto Finance Inc:

* AXIS ENTERS INTO ASSET PURCHASE AGREEMENT FOR SALE OF AUTO

FINANCE BUSINESS

* BASE PURCHASE PRICE FOR ASSETS APPROXIMATELY $114 MILLION

* ENTERS INTO ASSET PURCHASE AGREEMENT WITH FIONIC CANADA

* COMMON SHARES EXPECTED TO BE DELISTED FROM TORONTO STOCK

EXCHANGE AFTER CLOSING

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