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Bond Intl.soft. Share News (BDI)



Share News for Bond Intl.soft. (BDI)


Share Price: 67.00Bid: 65.00Ask: 69.00Change: 0.00 (0.00%)No Movement on Bond Intl.soft.
Spread: 4.00Spread as %: 6.15%Open: 67.00High: 65.00Low: 65.00Yesterday’s Close: 67.00




Bond Intl buys 2 payroll cos for 1 mln pounds cash plus 0.8-0.9 mln liabilities

Tue, 17th Jun 2008 10:15

LONDON (Thomson Financial) - Bond International Software Plc. said it has acquired the busines
s and assets of the payroll companies Team Spirit Software Ltd. and Headcount Services Ltd. for 1 million pounds in cash plus the assumption of 0.8 million to 0.9 million pounds of liabilities.

The acquisition provides Bond with around 2 million pounds of recurring revenue and an increased client base, the company said.





TFN.newsdesk@thomson.com

bmi/bsu/slm

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