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Provider: Reuters Investment Profile
$20.00
Provider: GlobalData
$125.00
Provider: Directors Deals Ltd.
$12.00
Provider: GlobalData
$125.00

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Solucom SA Finalizes Acquisition of Majority Stake in Stance


Tuesday, 2 Oct 2012 12:35pm EDT 

Solucom SA announced that it has finalized the acquisition of a 71% stake in Stance. Stance owns 100% of the capital of Hekla, a company specializing in project management assistance. The Company intends to buy the remaining shares in Stance in cash before July 1, 2013. The transaction was mainly financed in cash, with the addition of some Solucom SA shares. Stance and Hekla will be incorporated into Solucom SA's accounts as of October 1, 2012. The financial terms of the transaction were not disclosed. 

Company Quote

34.16
-0.18 -0.52%
17 Apr 2014