Lumina Datamatics completes its acquisition of TNQTech, bringing TNQTech under full ownership. According to reports, the deal involves Lumina Datamatics acquiring the remaining 20% stake, which finalizes the transaction. After the completion of this purchase, TNQTech becomes a wholly owned subsidiary of Lumina Datamatics, with Lumina holding a 100% stake. The reports frame the move as the completion of an earlier acquisition process, with the final step being the acquisition of the residual minority interest. As a result of the completion, TNQTech is positioned as a fully consolidated unit within Lumina Datamatics’ corporate structure. The outlets do not provide additional details in the provided excerpts, such as the transaction value, regulatory approvals, or timeline beyond stating that the acquisition is now fully complete.
Lumina Datamatics completes acquisition of TNQTech to become sole owner
Lumina Datamatics completes its acquisition of TNQTech, bringing TNQTech under full ownership. According to reports, the deal involves Lumina Datamatics acquiring the remaining 20% stake, which finali...
- Lumina Datamatics completes its acquisition related to TNQTech.
- Lumina Datamatics acquires the remaining 20% stake in TNQTech.
- The transaction is completed, resulting in Lumina owning 100% of TNQTech.
- TNQTech becomes a wholly owned subsidiary of Lumina Datamatics.
- Both reports describe the acquisition as finalized rather than pending.
With the acquisition of the remaining 20% per cent, the transaction has now been completed, making TNQTech a 100% per cent wholly-owned subsidiary of Lumina Datamatics
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