BRIEF-Genius Group Acquires Entrepreneur Resorts, Expands Genius City Model With 50% Increase In 2025 Revenue Guidance-March 2024-www.financetom.com

BRIEF-Genius Group Acquires Entrepreneur Resorts, Expands Genius City Model With 50% Increase In 2025 Revenue Guidance

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Genius Group Acquires Entrepreneur Resorts, Expands Genius City Model With 50% Increase In 2025 Revenue Guidance

Jun 10, 2025 6:53 AM

June 10 (Reuters) - Genius Group Ltd ( GNS ):

* GENIUS GROUP ACQUIRES ENTREPRENEUR RESORTS, EXPANDS GENIUS

CITY

MODEL WITH 50% INCREASE IN 2025 REVENUE GUIDANCE

* GENIUS GROUP LTD ( GNS ) - ASSET PURCHASE VALUED AT $21.5 MILLION

* GENIUS GROUP LTD ( GNS ) - ASSET PURCHASE IS ALL-SHARE

TRANSACTION, IN

WHICH CO WILL PAY ERL 50 MILLION SHARES OF CO

* GENIUS GROUP LTD ( GNS ) - ERL SHAREHOLDERS TO RECEIVE 3 GNS

SHARES FOR

EACH ERL SHARE

Source text:

Further company coverage:

Previous page： Meta's Instagram down for thousands, Downdetector shows Next page： Oil eases on possible Gaza ceasefire, dollar strength

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Meta's Instagram down for thousands, Downdetector shows

Mar 21, 2024

March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...

Oil eases on possible Gaza ceasefire, dollar strength

Mar 21, 2024

SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...

Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says

Mar 21, 2024

BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...

Hong Kong-listed Samsonite plans dual listing in hunt for investors

Mar 21, 2024

(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...