Plus500 Ltd Expands with $20 Million Acquisition of Mehta Equities

Plus500 Ltd has announced the acquisition of Mehta Equities Limited for an estimated $20 million. The deal involves Plus500 acquiring a full 100% stake in Mehta Equities, marking a strategic expansion for the company.

Plus500 Ltd has made a strategic move to expand its business by acquiring Mehta Equities Limited. The deal, valued at approximately $20 million, involves Plus500 taking full control with a 100% stake in the company.

This acquisition is expected to bolster Plus500's market presence, allowing the firm to capitalize on new opportunities and enhance its service offerings.

The acquisition of Mehta Equities is a significant step in Plus500's growth strategy, demonstrating its commitment to expanding its influence and operational capabilities in the sector.

(With inputs from agencies.)