POYNTING, an antenna manufacturer, said on Thursday it had - TopicsExpress

POYNTING, an antenna manufacturer, said on Thursday it had concluded the acquisition of African Union Communications (Aucom) in a deal that would enlarge and further diversify the JSE-listed entity.Poynting chairman Coen Bester said this was the first major deal since its listing, and we anticipate that it will more than double the company’s turnover.Poynting acquired Aucom for R49.5m by way of the issue of 66-million Poynting shares.

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