SQS Software Quality Systems AG updates on Thinksoft Acquisition

Tuesday, 31 Dec 2013 02:00am EST 

SQS Software Quality Systems AG:Says that first closing of the acquisition of Thinksoft Global Services Limited has now occurred and, consequently, SQS has acquired 26% of the issued share capital of Thinksoft.Says the tender offer for the remaining Thinksoft shares to be acquired will commence in early Jan. 2014 and the tender period will last 10 business days.Says the acquisition of shares in Thinksoft is on plan to complete in Feb. 2014. 

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