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Times Media finalises I-Net Bridge sale
Times Media Group (TMG) said on Monday it had fulfilled conditions regarding the sale of I-Net Bridge to McGregor BFA for R115m.
I-Net Bridge provides a wide range of investment products‚ consisting of real-time and historical market data‚ news and analytical tools.
The proceeds of the disposal will be used to reduce gearing and for potential future acquisitions more aligned to the company's core business.
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za