The NAGA Group AG (XTRA : N4G) agreed to acquire KW Investments Ltd on December 19, 2023. In a combination of direct cash injections and the contribution of 100% of CAPEX.com shares to NAGA, the new investor will become the majority shareholder in the combined entity, which will retain the brand name NAGA. The transaction is subject to regulatory approval and NAGA shareholders approval.

As on April 12, 2024, Extraordinary General Meeting of the Shareholders of The NAGA Group AG approved the merger with 99.81% votes. The transaction is expected to complete in Q2 2024.