Deal Detail


Logalis Group Limited

Advised on the English law and South African law aspects of this transaction in terms of which Logicalis Group Limited (“Logicalis”), the international IT and Communications services provider, and a subsidiary of Datatec Limited, has agreed to merge the business of Promon Tecnologia (“PT”), a leading Brazilian network integrator, with Logicalis’ existing operations across Latin America. Under the terms of the transaction, Logicalis will pay PT's owner, Promon S.A,up to $77.2 million in cash and new Datatec shares ("the consideration") for a 70% equity holding in the combined business. Promon S.A will have a 30% equity interest in the business. Deal value: $77.2 million

Lawyers Involved:

Assisted By:

Matthew Bonner, Nkgadi Mogotlane

 
 
   

 

In association with Bowman Gilfillan Africa GroupMember of Lex MundiMember of Employment Law Alliance