Moonpig Group proposes to acquire Smartbox Group UK for £124mn

LONDON, UK: Moonpig Group, the leading online greeting card and gifting platform in the UK and the Netherlands, announced the proposed acquisition of the entire issued share capital of Smartbox Group UK Limited, the UK’s leading gift experiences platform, for cash consideration of £124 million. Moonpig Group CEO Nickyl Raithatha commented: “The proposed acquisition of…