CANNEX Financial Exchanges Ltd. today announced the sale its interest in CANNEX (Aust) Pty Ltd to Chapwill Pty Ltd, a holding company controlled by the Australian company’s chairman, Andrew Willink.
The transaction will enable significant additional investment in CANNEX’s U.S. business, bolstering an already popular and exclusive annuity surveying service with new retirement income data and information services.
CANNEX established in 1984, provides data, transactional and ASP tools to the financial service industries in the United States and Canada.
CANNEX sells its Australian holdings
Sale enables greater investment in U.S. business
- By: IE Staff
- September 15, 2006 September 15, 2006
- 09:35