BRIEF-Ansys acquires remaining stake in Parsec and Redline Telecommunications

Mon Nov 3, 2014 2:11am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Nov 3 (Reuters) - Ansys Ltd :

* Acquires remaining 25 percent of Parsec Ltd and remaining 20 percent of Redline Telecommunications SA PTY Ltd

* Purchasing acquisitions for: - r86,500,000 plus - r37,000,000 less debt resulting in a net consideration r6,700,000 Source text for Eikon: Further company coverage: