EOH announces deal with Seacom

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Pan-African telecommunications service provider Seacom is set to acquire technology services company EOH’s Network Solutions (EOH-NS) and Hymax businesses for R144.9-million. The agreement comes as EOH progresses its targeted disposals strategy, which includes assets that are capital intensive, with the proceeds from the sale, net of costs, directed, primarily, to the further reduction of EOH’s debt.“In support of this and owing to […]