Software and IT services company UCS is considering delisting from the JSE just weeks after finalising a deal to sell a large chunk of its operations to Business Connexion (BCX). UCS joins companies such as Mustek and TeleMasters
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Profit margins at IT group Business Connexion have crashed in the six months to 28 February, making it look highly unlikely it will meet an earlier target management set of achieving an 8% operating margin in
Business Connexion (BCX) has made a R614m offer to buy up a big portion of the assets of the UCS Group. BCX will settle the deal through the issue of 101m new shares, with R30m to be paid in cash