As per a media report, the development follows approval from Eternal’s board to transfer its entire shareholding in AdOnMo to Mygate
Merger
AdOnMo and Mygate Merger
AdOnMo is set to merge with Mygate, with Eternal acquiring a 4.4% stake in the new entity. This merger aims to enhance operational capabilities and market reach for both companies.
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Increasing Mergers in Digital Sector
AdOnMo to merge with Mygate; Eternal to get 4.4% stake in entity
Timeline of Key Developments
2 Events
Oct 2023
Announcement of Merger
AdOnMo announces its merger with Mygate, marking a significant move in the digital advertising secto...
Latest
Oct 2023
Eternal's Stake Acquisition
Eternal confirms its acquisition of a 4.4% stake in the newly formed entity from the merger.
01 Oct 2023
Announcement of Merger
AdOnMo announces its merger with Mygate, marking a significant move in the digital advertising sector.
15 Oct 2023
Latest
Eternal's Stake Acquisition
Eternal confirms its acquisition of a 4.4% stake in the newly formed entity from the merger.
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AdOnMo to merge with Mygate; Eternal to get 4.4% stake in entity
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AI-assisted summary, reviewed by our newsroom
AdOnMo is set to merge with Mygate, with Eternal acquiring a 4.4% stake in the new entity. This merger aims to enhance operational capabilities and market reach for both companies.