Sambram
15 Aug 2016
Modrus acquisition "Subject to General Meeting, Nasstar will acquire Modrus, a competing provider of end-to-end per user managed services including hosted desktop services and unified communication. The £13m acquisition (£11.7m cash) is funded by a £13.3m placing at 7.5p, and offers further sector specialisation in addition to increased scale, and diversity of the customer base. Additional funds raised will reduce forecast net debt, accelerating Nasstar towards an ungeared balance sheet and continuing opportunities for further consolidation of an attractive market niche."Update from finnCap on research tree
ghostriderinthesky
05 Oct 2015
RNS sensible acquisition today
