Listed mobile content provider Xurpas Inc. has acquired a 51-percent controlling stake in an employee benefits management firm for $4.3 million (P189.5 million).

Nico Jose Nolledo, Xurpas president and chief executive officer, said that the acquisition of Filipino firm Storm Flex Systems Inc. will “enhance employee benefits” as workers will now be under Storm, which will enable them to “plan their own benefits.”

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