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Payments, Banking Technologies, Capital Markets...
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| January 7, 2008 | in: General |
Esprit Financial Group, DBA Good Life China has finalized and completed the acquisition of Haorizi Company, a rapidly growing chain of franchised convenience stores based in Hebei Province.
Good Life is now officially open for business as a public company in North America. This transaction is a complex one given the fact that Good Life is based in China, and under Chinese law, a Special Purpose Corporation (SPC) is required to facilitate the merge, said Esprit CEO Garr Winters.
Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include: the Payday Loan Software division; Forex Trading; Advanced Electronic Funds Management; and Specialized Investment Banking and Financial Advisory Services.
Good Life Group employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products. (PRNewswire)