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HiTech Group Proposes $15 Million Acquisition of UpperGround Assets

8:20am on Wednesday 24th of June, 2026 AEST Industrial Goods and Services
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HiTech Group Proposes $15 Million Acquisition of UpperGround Assets

8:20am on Wednesday 24th of June, 2026 AEST
Key Points
  • Non-binding $15 million proposal for Hudson Global assets
  • Initial $4 million payment contingent on creditor approval
  • Up to $6 million subject to due diligence and closing conditions
  • Deferred consideration of $5 million linked to operating cash flows
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