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     2006 June: Alviva Holdings Ltd.ALVIVA [AVV]
    (Suspended)
     Wed, 14 Jun 2006 Official Announcement [JLM] 
    Pinnacle acquires Hendev and ITCM
    Pinnacle has reached agreement with:
    • Hendev (Pty) Ltd in terms of which Pinnacle will acquire 35% of the issued share capital of Explix (Pty) Ltd and related shareholders claims for a total purchase consideration of R 25 739 113; and
    • ITCM Channel Management (Pty) Ltd in terms of which Pinnacle will acquire 15% of the issued share capital of Explix and related shareholders claims for a minimum purchase consideration of R 7 669 710.
    The acquisition of the share capital from Hendev and ITCM will be effective from 1 March 2006, subject to the fulfillment of certain conditions precedent.
    Click here for original article
     
     
    < 2006 August 2006 Index 2006 May >
    Closing price data source: JSE Ltd. All other statistics calculated by ProfileData.
       
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