Diginex Completes Strategic Acquisition of Climate Tech Firm Plan A

The regulatory technology company Diginex has finalized its acquisition of the German carbon accounting platform Plan A Earth. The transaction, valued at €55 million, was completed yesterday and significantly expands Diginex’s capabilities in the sustainability sector. The deal not only brings AI-powered climate accounting technology into Diginex’s portfolio but also introduces major corporate clients such as BMW and new shareholders Visa and Deutsche Bank.

Under the terms of the agreement, the €55 million purchase price consists of a €3 million cash component and the issuance of approximately 6.72 million new Diginex ordinary shares, valued at roughly €52 million. This share-based payment means that Plan A’s existing investors, financial giants Visa and Deutsche Bank, Read more...