Browsing: Westcon

Billions to flow to Datatec shareholders

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 soars on $830m asset sale

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 in R10,5bn Westcon sale

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

Radical restructuring at Datatec

International ICT company Datatec is in talks to sell a major share of subsidiary Westcon’s operations for more than US$800m. Datatec, which is listed on the JSE, with a secondary listing on London’s AIM, operates across three

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