Datatec’s share price is in the dumps and the management team, led by CEO Jens Montanana, is thinking big to find ways of unlocking value.
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JSE-listed international technology group Datatec has reported strong full-year results for the year ended February 2020, though the good performance happened before the impact of the Covid-19 pandemic.
Jens Montanana, CEO of JSE-listed technology services group Datatec, bagged a cool $3.5-million (about R48.5-million at the time of writing) in the 2018 financial year for the successful sale of its Westcon
Datatec shareholders are in line for a special cash dividend totalling R4.9bn following the Johannesburg- and London-listed IT group’s sale of its Westcon Americas unit. The group said on Wednesday that is has declared a special
Datatec will return up to US$500m to shareholders in the form of a special dividend and/or share buybacks after the Johannesburg- and London-listed technology group completed the sale of its
Datatec shares jumped by the most on record after the South African IT services company agreed to sell the North and Latin American operations of its Westcon-Comstor business for as much as $800m
Datatec said on Tuesday that it has reached an agreement to sell subsidiary Westcon-Comstor’s operations in North America and Latin America for up to US$800m and 10% of Westcon-Comstor for $30m to US-listed IT supply