LONDON: Catena Group Plc has signed a conditional acquisition agreement to acquire Insight Capital Partners, a data science and machine learning solutions company. The Acquisition is for the balance of Insight shares not already owned by the Company, following Catena’s initial acquisition of 9.1 percent of Insight in March 2020. The Acquisition constitutes a reverse…
Tag: Catena Group
Catena progresses on its proposed acquisition of Insight Capital Partners
LONDON: The Board of Catena Group announced that it continues to make good progress on its proposed acquisition of Insight Capital Partners Limited. As a result, the Company announces its intention, upon completion of the Acquisition, to change its name to Insig AI Plc in order to better represent the new operational focus of the…
Catena to acquire upto 30.2pc interest in AI company, Insight Capital Partners
LONDON: Catena Group, a UK based venture capital company, has entered into a conditional investment agreement to acquire an initial 9.1 percent interest in the ordinary share capital of Insight Capital Partners Limited for £1.5 million payable in cash. The Company has also secured an option to increase its holding to 30.2 percent of Insight’s…