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BRIEF-Allied Electronics agrees to acquire 100% of issued share capital of Blenheim
September 29, 2017 / 7:05 AM / in 22 days

BRIEF-Allied Electronics agrees to acquire 100% of issued share capital of Blenheim

Sept 29 (Reuters) - Allied Electronics Corporation Ltd

* HAS ENTERED INTO A SHARE PURCHASE AGREEMENT TO ACQUIRE 100% OF ISSUED SHARE CAPITAL OF BLENHEIM

* ‍BYTES UK WILL ACQUIRE ISSUED SHARE CAPITAL OF BLENHEIM FOR A CONSIDERATION OF £35.9 MILLION​

* ‍ACQUISITION WILL BE FUNDED WITH A COMBINATION OF INEXPENSIVE BANK FUNDING AND BYTES UK‘S OWN RESOURCES​ Source text for Eikon: Further company coverage:

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