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IN BRIEF: Learning Technologies Buys Reflektive For USD14 Million

Wed, 20th Jan 2021 19:38

Learning Technologies Group PLC - digital learning services provider - Agrees to acquire Reflektive Inc, a management software provider, from a group of institutional investors for a cash consideration of USD14.2 million. The acquisition, which will complete on January 29, is to be funded from Learning Technologies' cash resources.

Current stock price: 161.20 pence, up 0.5% on Wednesday

Year-to-date change: down 11%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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