NFT Investments plc (OFEX:NFT) agreed to acquire Pluto Digital Assets plc from Pires Investments plc (AIM:PIRI) and others for £59.4 million on January 24, 2022. Under the terms of consideration, NFT Investments is proposing to acquire the entire issued share capital of Pluto for a consideration to be satisfied by the issue of 2.4 billion ordinary shares in NFT Investments. The acquisition is conditional on certain approvals including shareholders approval of NFT Investments plc.

Liam Murray and Ludovico Lazzaretti of Cairn Financial Advisers LLP acted as financial advisor to Pires Investments.