Technology group Alviva Holdings will be delisted from the JSE on 7 March after a take-private deal was approved by shareholders at a meeting on Friday.
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Alviva Holdings has received a binding offer from a consortium to buy out the business, which, if approved, will see its JSE listing terminated.
Alviva Holdings’ latest financial results show a group firing on all cylinders. But can the party last? Executives Pierre Spies and Craig Brunsden are in-studio.
Shares in Alviva Holdings leapt higher on Thursday after the group received an offer from a black-led consortium to buy it out.
Alviva Holdings has secured the regulatory go-ahead for its R185-million acquisition of rival Tarsus Technology Group.
Technology group Alviva Holdings said on Thursday that it has agreed to buy rival Tarsus Technology Group for a maximum consideration of R185.4-million in cash.
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.
In an era of rapid change and evolution, it is difficult to determine which technologies are genuine disruptors. Alviva, although an IT company, believes it is not, in fact, the IT industry that will produce the next big game changer. By Pierre Spies.
Promoted | The Alviva Group’s plans for the future revolve around organic growth and acquiring targeted, IP-based leaders in the digital transformation space. By Pierre Spies.