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Webull's Thailand Unit to Acquire Pi Securities

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Webull's (BULL) Webull Securities Thailand unit said Tuesday it has agreed to acquire Pi Securities, expanding the online brokerage's presence in Thailand.

The acquisition will be completed through a share purchase agreement under which Webull Thailand's direct parent company will acquire all shares held by Country Group, the controlling shareholder of Pi Securities, at a price that values Pi Securities at about $100 million.

The transaction is subject to customary closing conditions, including regulatory and shareholder approvals, Webull Thailand said.

Price: $6.71, Change: $-0.04, Percent Change: -0.67%

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