Telkom’s proposed acquisition of Business Connexion – its second attempt to buy the listed IT services company – will create an information and communications technology (ICT) company that will “address the technology and communications needs of South African businesses nationally”. That’s according to the
Seven years after it was forced by the competition authorities to abandon a deal to acquire listed IT services group Business Connexion, Telkom is back for another go. The telecommunications operator has offered BCX shareholders R6,60/share, a 20% premium over the share price at close of trade on 14 April when the company issued
JSE-listed technology services provider Business Connexion has reported a slight decline in normalised headline earnings per share of 20,7c in the six months ended 28 February 2014, from 21,3c previously. Revenue for the period was R3,1bn
JSE-listed technology services group Business Connexion (BCX) has acquired two IT companies elsewhere on the African continent, Panabiz Nigeria and Ultimate Solutions Botswana. BCX has acquired a 100% stake in both
JSE-listed technology services group Business Connexion has announced an internal reorganisation meant to help it grow in international markets, it said on Tuesday. The process includes a change in the group’s executive team and the creation of a new group structure to allow for the
Business Connexion has overtaken long-time incumbent Dimension Data to become the top IT company in South Africa as measured by its share of the market’s value, according to new research by International Data Corp. BCX’s performance is due to strong annuity-based
Technology services company Business Connexion (BCX) has reported an improvement in normalised headline earnings. For the year ended 31 August 2013, normalised headline earnings per share rose by 4%, from 50,6c last year to 52,2c. The company, which is
JSE-listed technology services group Business Connexion (BCX) has entered into an agreement to sell its entire interest in its Q Link business unit to Summit Garnishee Solutions (SGS).
SGS, which is a privately held company not related to BCX, has agreed to pay R187,5m in cash for the business
JSE-listed technology services company Business Connexion (BCX) has turned in a modest performance in the six months ended 28 February 2013, with normalised headline earnings per share of 24,8c from 24,5c in the same period in 2012. Revenue grew by 8% to R2,9bn, bolstered, the company says
UCS Solutions, a 70%-held subsidiary of JSE-listed technology services company Business Connexion, has acquired IT management specialist Integr8 IT, part of the Integ8 Group, for a maximum purchase price of R126m. The deal
