Tag: Acquisition

Atkore International Group buys Flexicon Limited
Global

Atkore International Group buys Flexicon Limited

Atkore International Group, Inc. announced that it has acquired Flexicon Limited for an undisclosed fee. The latter is said to be a leading manufacturer of metallic and non-metallic flexible cable protection systems that carry many international and market product approvals and serves the industrial, commercial and infrastructure sectors in more […]

Huge Group in acquisition talks with unnamed parties
JSE SENS

Huge Group in acquisition talks with unnamed parties

Huge Group said it is in discussions with certain parties regarding potential strategic acquisitions. The finalised acquisition will according to Huge Group constitute on an aggregated basis, a category 2 transaction. The company said shareholders are advised to exercise caution when dealing in the Company’s securities until a further announcement […]

MTN acquires 29% stake in IHS Group
Big Business

MTN acquires 29% stake in IHS Group

MTN Group has just announced that acquired about 29% stake in IHS Group. The deal was sealed through the exchange its 51% interest in Nigeria Tower InterCo B.V., the parent company of INT Towers Ltd. (‘INT’), the Nigerian telecom tower operator, for anradditional shareholding in IHS Holding Ltd. MTN said […]

Avast Acquires AVG, Its Rival For USD1.3 Billion
Global

Avast Acquires AVG, Its Rival For USD1.3 Billion

Avast, one of the most popular anti-virus company has confirmed that it has acquired AVG Technologies, its rival company for USD1.3 billion. With this acquisition, Avast will have access to all customers of AVG and millions of devices protected by AVG. Confirming the deal, Vincent Steckler, Avast’s CEO said: “The deal […]