ASX-listed Fatfish, Swiss VC Mountain Partners in $9.2m strategic deal

ASX-listed internet venture investment and development firm Fatfish Internet Group have entered into a strategic and financial alliance with Zurich-based tech-company builder Mountain Partners AG, the companies announced Thursday.

As part of the partnership, Mountain Partners will acquire 100 per cent of a special purpose vehicle (SPV) comprising Fatfish’s selected assets for $9.2 million. The companies have not disclosed the ‘selected assets’, but said that the acquisition will be paid by Mountain’s shares and cash.

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