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Datatec Ltd (DTCJ.J)

DTCJ.J on Johannesburg Stock Exchange

5,661.18ZAc
22 Sep 2017
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-38.82 (-0.68%)
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Mon, Sep 4 2017

BRIEF-Datatec completes Westcon-Comstor sale to Synnex Corp

* COMPLETED SALE OF ITS WESTCON-COMSTOR BUSINESS IN NORTH AMERICA AND LATIN AMERICA AND OF 10 PCT OF REMAINING PART OF WESTCON TO SYNNEX CORP​

BRIEF-Datatec unit Logicalis Group buys 51 pct stake in Nubeliu

* Its subsidiary Logicalis Group Limited ("logicalis") has acquired a 51 pct stake in Nubeliu Source text for Eikon: Further company coverage:

BRIEF-Datatec Ltd says Logicalis to buy majority stake in Packet Systems Indonesia

* Datatec Ltd - unit Logicalis Group and Indonesian partner Metrodata, agreed to acquire majority stake in Packet Systems Indonesia

Deals of the day-Mergers and acquisitions

June 6 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: ** Canadian drugmaker Valeant Pharmaceuticals International Inc is in talks to sell its Bausch & Lomb unit's surgical products business to Germany's Carl Zeiss Meditec AG, Bloomberg reported.

Synnex Corp buys Westcon-Comstor Americas from South Africa's Datatec for $800 million

JOHANNESBURG Datatec Ltd unveiled plans on Tuesday to sell its Westcon-Comstor American operations to Synnex Corp , a deal worth up to $800 million that allows the South African IT firm to offload part of a problematic business.

UPDATE 2-Synnex Corp buys Westcon-Comstor Americas from S.Africa's Datatec for $800 mln

* Deal expected to close in Q3 (Adds comment by Datatec's CEO)

BRIEF-Synnex on termination of agreement by co, in event Datatec, unit breach terms of non-solicit obligations, Datatec to pay $24.9 mln

* Synnex- Upon termination of agreement by co, in event Datatec, unit breach terms of non-solicit obligations, among others, Datatec to pay co $24.9 million

South Africa's Datatec to sell Americas business to Synnex

JOHANNESBURG, June 6 South African information technology firm Datatec Ltd will sell its Westcon-Comstor Americas business to Synnex Corp for up to $800 million, the company said on Tuesday.

BRIEF-Synnex to buy Westcon-Comstor Americas business

* Synnex to acquire westcon-comstor north america and latin america businesses

BRIEF-Datatec says full-year revenue at $6.08 bln vs $6.45 bln yr ago

* Fy underlying* earnings per share 11.0 us cents (fy16: 32.0 us cents)

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