The share of OnMoile Global hiked 17% in advance intraday Friday as the company’s subsidiary OnMobile Europe BV entered into the final agreement for the acquisition of all shares of the company Appland AB. The prior object behind this acquisition is to explore the business operations of the company into mobile games subscription market.

“The combination of OnMobile Global & appland will offer immediate business value & few innovations to our valued customers” statement by Francois-Charles Sirois, CEO & Chairman of OnMobile.

At 03:59, 12 October 2018, the share price was quoting INR 35.35 up INR 3.25 or up 10.12%