EOH to sell 70% of its enterprise software provider to RIB Limited

Jamie McKane

MyBroadband Journalist
Super Moderator
Joined
Mar 2, 2016
Messages
4,234
EOH to sell 70% of its enterprise software provider to RIB Limited

EOH subsidiary EOH Mthombo has entered into a share purchase agreement with RIB Limited, a subsidiary of listed German firm RIB Software SE, which will see EOH sell 70% of its shares in Construction Computer Software (CCS) for R444.39 million.

The companies have also entered into an agreement for the sale of the remaining 30% shares in 2022.
 
Top