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Daily Mirror - Dialog Axiata to acquire Microsoft enterprise solutions provider H One


HomeBusiness NewsDialog Axiata to acquire Microsoft enterprise solutions provider H One
Dialog Axiata to acquire Microsoft enterprise solutions provider H One
24 December 2020 09:46 am
- 0    
Purchase consideration of Rs.300-350mn on cash-free, debt free basis
Deal to be completed before end-January next year
Dialog Axiata PLC yesterday said it had entered into an agreement to acquire 100 percent shareholding in H One (Private) Limited, through Dialog Broadband Network (Private) Limited (DBN), a fully owned subsidiary of Dialog. 
H One founded in 2008 as a subsidiary of Hirdaramani Group, is the largest reseller of Microsoft enterprise solutions in Sri Lanka with an annual turnover of approximately Rs.1.6 billion.  ....

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Dialog Axiata to acquire H One, Sri Lanka's leading Microsoft solutions provider - Adaderana Biz English


Dialog Axiata to acquire H One, Sri Lanka’s leading Microsoft solutions provider
December, 24, 2020
Dialog Axiata PLC (“Dialog”), Sri Lanka’s premier converged connectivity provider, announced yesterday (23) that it had entered into an agreement to acquire 100% shareholding in H One (Private) Limited, through Dialog Broadband Network (Private) Limited (“DBN”), a fully owned subsidiary of Dialog.
H One founded in 2008 as a subsidiary of Hirdaramani Group, is the largest reseller of Microsoft (MSFT) enterprise solutions in Sri Lanka with an Annual Turnover of circa LKR 1.6 Billion. The transaction is expected to be completed before end of January 2021, at a Purchase Consideration of between LKR 300 Mn to LKR 350 Mn on a cash free debt free basis. ....

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Sri Lanka : Dialog Axiata to acquire H One, Sri Lanka's Leading Microsoft Solutions Provider


Thu, Dec 24, 2020, 01:17 am SL Time, ColomboPage News Desk, Sri Lanka.
Dec 24, Colombo: Dialog Axiata PLC, Sri Lanka’s premier converged connectivity provider, announced on 23 December 2020 that it had entered into an agreement to acquire 100% shareholding in H One (Private) Limited, through Dialog Broadband Network (Private) Limited, a fully owned subsidiary of Dialog.
H One founded in 2008 as a subsidiary of Hirdaramani Group, is the largest reseller of Microsoft (MSFT) enterprise solutions in Sri Lanka with an Annual Turnover of circa LKR 1.6 Billion.
The transaction is expected to be completed before end of January 2021, at a Purchase Consideration of between LKR 300 million to LKR 350 million on a cash free debt free basis. ....

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Dialog Axiata to acquire H One, SL's leading Microsoft solutions provider


Thursday, 24 December 2020 00:11
-    
Purchase to cost Rs. 300-350 m, transaction to be completed before end Jan.
Dialog Axiata PLC yesterday said it had entered into an agreement to acquire 100% shareholding in H One Ltd., through Dialog Broadband Network Ltd., a fully-owned subsidiary of Dialog. 
H One, founded in 2008 as a subsidiary of Hirdaramani Group, is the largest reseller of Microsoft (MSFT) enterprise solutions in Sri Lanka with an annual turnover circa Rs. 1.6 billion. The transaction is expected to be completed before end of January 2021, at a Purchase Consideration of between Rs. 300 million to Rs. 350 million on a cash-free, debt-free basis.  ....

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