For RIB, the deal gives it more users and the ability to strengthen its offering and diversify into new marketsEOH CEO Stephen van Coller. Picture: TREVOR SAMSON
The allegations have sent its shares plunging, wiping out more than R1.7 billion, or 37%, of shareholder equity so far this year, the bulk of which was shortly after Microsoft cancelled a contract with the company. However, Irnest Kaplan of Kaplan Equity Analysts, said the CCS sale was strategic and did not fit the description of non-core, peripheral asset as it boasted good clients and was profitable. them more users and the ability to strengthen its offering and diversify into new markets.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EOH sells 70% of construction software business for R444mThe technology group says the transaction is in line with its strategy to help its intellectual property and software-based businesses to expand internationally
Source: BDliveSA - 🏆 12. / 63 Read more »
EOH sells 70% of construction software business for R444mThe technology group says the transaction is in line with its strategy to help its intellectual property and software-based businesses to expand internationally
Source: BDliveSA - 🏆 12. / 63 Read more »