IMImobile PLC - AIM-listed cloud communications software firm - Cisco Systems Holdings UK Ltd receives approval from the South African Competition Authorities for IMImobile takeover. A hearing will be held on Wednesday for court sanction of the scheme.
Earlier in February, IMImobile shareholders approved the GBP543 million recommended cash offer made by Cisco Systems Holdings UK, a subsidiary of US networking firm Cisco Systems Inc.
Current stock price: 593.00 pence
Year-to-date change: down 0.3%
By Lucy Heming;Â lucyheming@alliancenews.com
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