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Technology group Alviva Holdings reported a 17% improvement in headline earnings per share in the six months ended 31 December 2020 but warned of further uncertainty ahead.
Tarsus Technology Group, the ICT distributor that is currently the subject of a takeover bid by Alviva Technology Holdings – the parent of Axiz and Pinnacle – has appointed Anton Herbst as its new CEO.
Five hours after TechCentral broke the news on Tuesday morning that JSE-listed Alviva Holdings is in talks to buy rival Tarsus, the company has confirmed a deal is in the offing.
South Africa’s largest technology distribution group, JSE-listed Alviva Holdings, is in talks to acquire rival Tarsus, well-placed sources have told TechCentral.
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Alviva Holdings, the JSE-listed parent of technology companies such as Axiz, Pinnacle and Datacentrix, has reported a 50% decline in full-year headline earnings per share but will pay a dividend of 15c/share.
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