Oakley Capital Management Limited, UAB Teso LT and Stalwart Holding B.v. agreed to acquire a 27.2% stake in Domains Business from 5G Networks Limited (ASX:5GN) for AUD 20 million on May 28, 2024. Squire Patton Boggs (US) LLP acted as the legal advisor to Oakley Capital Management Limited and UAB Teso LT. Jeremy Wickens of Norton Rose Fulbright LLP acted as the legal advisor to 5G Networks Limited (ASX:5GN).

Oakley Capital Management Limited, UAB Teso LT and Stalwart Holding B.v. completed the acquisition of 27.2% stake in Domains Business from 5G Networks Limited (ASX:5GN) on June 17, 2024.