Swift Holdings Investments Pty Ltd entered into an agreement to acquire IDOM Automotive Group Pty Ltd. and Gulliver Australia Pty Ltd. on April 14, 2022. Swift Holdings Investments will acquire 1,267,811 shares of both the entities. The stock transfer is expected to happen by the end of June.
Swift Holdings Investments Pty Ltd completed the acquisition of IDOM Automotive Group Pty Ltd. and Gulliver Australia Pty Ltd. for AUD 150 million on July 7, 2022. Chris P. Rosario of Squire Patton Boggs acted as legal advisor to IDOM Inc. and Macpherson+Kelley Lawyers acted as legal advisor to Swift Holdings Investments Pty Ltd.