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Announced

Completed

Ascential completed the acquisition of Intrepid for $250m.

Synopsis

Ascential, an information, analytics and e-commerce optimisation company, completed the acquisition of Intrepid, a provider of e-commerce execution services to brands in South East Asia, for $250m. "Intrepid's strong presence in South East Asia, alongside its proven expertise operating across the major marketplaces in this important region, further enhances the capabilities and global reach of our Digital Commerce business. We look forward to welcoming our new colleagues into the Ascential family and continuing to expand our digital commerce capabilities together," Duncan Painter, Ascential CEO.

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