MPS Limited (BSE:532440) acquired Mag+AB from Bonnier Growth Media for INR 237.2 million on July 1, 2016. The acquisition also includes the acquisition of Mag Plus Inc. Magplus will continue to be headed by Chief Executive Officer Staffan Ekholm, maintaining its offices in Stockholm and New York. GP Bullhound LLP acted as a financial advisor of Bonnier Growth Media. MPS Limited (BSE:532440) completed the acquisition of Mag+AB from Bonnier Growth Media on July 1, 2016.