Press release
IntlCom favored the agricultural product exchange, and bought CommBase, the head platform, for 1 billion pounds
It is reported that IntlCom, headquartered in London, is acquiring CommBase, an agricultural product exchange. The acquisition was carried out in an open and transparent manner, and was continuously concerned by industry insiders from Europe and North America and Wall Street financial capital. IntlCom plans to acquire CommBase wholly for 1 billion pounds, and has paid CommBase 50% of the advance payment, that is, 500 million pounds of acquisition funds.Image: https://lh3.googleusercontent.com/pw/AP1GczNPQEenBiADdEXfXYyNZJZO5OVZqe2JTk9kiBxDJz8bdwmpTDN6u9lbQSxSDF96zisEkfN9t0q-OhyKkW6I5wAHpXgRExv2EohuIOOpePI5P7F0rL-HaeO0aFspAeFMSaVYW_PKI4ysYgolngncqss6=w600-h300-s-no-gm?authuser=0
The acquisition marks a new milestone in the development of digital agricultural commodity trading industry, attracting close attention from global investors and industry experts. As an industry leader, CommBase has maintained a strong growth momentum. After two years of operation and development from 2023 to 2025, CommBase's business model, market volume and financial benefits in the field of digital trading of agricultural commodities have been concerned and recognized by the London Consortium. With innovative technology and excellent market strategy, products and services cover more than 20 countries and regions around the world.
IntlCom is a leader in digital online trading, with unique technology patents and huge customer base, occupying an important share in European and Asian markets. After IntlCom acquires CommBase, it will set up the world's top technical, risk control, actuarial, planning, marketing and operation teams to jointly build the world's largest agricultural product exchange. IntlCom's goal is to rival the largest exchange currency security in China at present, and lead the currency security in the fields of patent technology, post-support, security and risk prevention. At present, some core members have come to work.
Image: https://lh3.googleusercontent.com/pw/AP1GczMS_6nPaIV3XozsUb3x3ek3lGewCdBlivhTTqpY8STCsldKgHe7K0ev04HSMDYlZlfK_iKxJAiAI7G6kfdSLiubodVRrmusM8wRxxvPri0WevADxT6OutWlEt9sgl-QwICNMwA3sZbOiNuIdPD34xXF=w953-h635-s-no-gm?authuser=0
This acquisition is a key step in the strategic layout of both parties. For IntlCom, by integrating CommBase's advanced technology and high-quality assets, it can rapidly expand its product line and enhance the competitiveness of digital transactions and emerging markets. Especially in the field of digital trading of agricultural businesses, it is expected to make use of CommBase's technological advantages to achieve technological breakthroughs and lead the industry to develop in an intelligent and green direction.
Scott Rubne, a famous analyst of Goldman Sachs Group, pointed out: "This acquisition will reshape the industry structure. With this transaction, IntlCom has a more stable position in the global market, which is expected to further squeeze the market space of competitors and push the industry into a new round of integration."
IntlCom headquartered in London, has completed the examination and approval of the exchange. IntlCom has branches and offices in major countries and regions around the world, and the IntlCom Foundation in the United States has been successfully established and obtained the MSB financial license issued by the US Treasury Bureau. At present, the acquisition is progressing substantially.
Media Contact
Company Name: LONDON INTLCOM EXCHANGE LTD
Contact Person: Kevin Craig
Email: Send Email [http://www.universalpressrelease.com/?pr=intlcom-favored-the-agricultural-product-exchange-and-bought-commbase-the-head-platform-for-1-billion-pounds]
Address:25 Old Broad Street
State: London
Country: United Kingdom
Website: https://www.intlcomex.com
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