BUZZ-Australia's Douugh climbs to 7-month high on fintech deal with US firm

Reuters09-27

** Shares of Douugh rise as much as 100% to A$0.006, set to gain most since Oct 16, 2020, if gains hold

** The fintech firm signs a binding agreement to acquire U.S.-based Radical DBX - an embedded fintech platform

** Stock hits its highest level since Feb 28

** About 16.6 mln shares change hands, compared with the 30-day average volume of 245,395

** Stock up 33.3% YTD, as of 0103 GMT

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com;))

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