Corporate News     07-Oct-15
Redington (India) set to acquire Turkey based Linkplus
Enters into definitive agreement to acquire 70% of Linkplus
Redington (India) announced that 'Redington Gulf FZE', a step down subsidiary of the Company has entered into a definitive agreement to acquire 70% of Linkplus Bilgisayar Sistemleri Sanayi ve Ticaret A.S, Turkey (Linkplus).

This proposed acquisition is subject to regulatory approvals of authorities in Turkey.

Established in 1995, Linkplus is a leading ORACLE Distributor in Turkey. The balance 30% will be acquired over a 3 year period. The Company has been valued around 6X future earnings.

Previous News
  Sensex plunges 4,237 pts; realty shares slumps
 ( Market Commentary - Mid-Session 04-Jun-24   14:39 )
  Redington fixes record date for dividend
 ( Market Beat - Reports 04-Jun-24   10:48 )
  Redington to hold board meeting
 ( Corporate News - 25-Jul-23   12:23 )
  Redington consolidated net profit declines 2.16% in the December 2022 quarter
 ( Results - Announcements 01-Feb-23   16:19 )
  Redington India standalone net profit rises 6.92% in the March 2022 quarter
 ( Results - Announcements 23-May-22   08:10 )
  Redington board OKs dividend of Rs 6.20/share for FY24
 ( Hot Pursuit - 04-Jun-24   11:24 )
  Board of Redington recommends final dividend
 ( Corporate News - 04-Jun-24   14:02 )
  Adani Power Ltd leads gainers in 'A' group
 ( Hot Pursuit - 10-Feb-22   12:00 )
  Redington to hold AGM
 ( Corporate News - 04-Jun-24   14:02 )
  Redington slips on profit booking; up over 35% in three months
 ( Hot Pursuit - 16-Sep-22   13:06 )
  Redington to convene board meeting
 ( Corporate News - 21-Oct-22   12:47 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top