SPAR Group announces the closing of the sale of its majority share in South Africa’s Meridian Group to the minority shareholder Lindicom for approximately $10M. As part of the agreement, Meridian Group has also entered into software as a service agreement with SPAR Group to continue the use of SPAR’s technology.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SGRP:
- SPAR Group Completes Acquisition of Minority Interest in Resource Plus
- Spar Group announces 2.5M share repurchase authorization
- SPAR Group Announces Share Repurchase Authorization
- Spar Group sells majority share in South Africa’s Meridian Group for R181M
- Spar Group reports Q4 adjusted EPS 11c vs 2c last year
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue