PEXA to buy UK conveyancing tech firm Smoove Plc for £30.8 million

SYDNEY, AUSTRALIA: PEXA Group Limited, a leading digital property exchange platform and property insights solutions business in Australia, has announced its intention to acquire Smoove plc, a UK-based conveyancing technology provider. The deal, which is subject to shareholder approval, will value Smoove at £30.8 million (A$58.6 million) and will be funded through cash held by…