New Document top_band
 
Business Standard

Nettlinx consortium bids for Cliqdigital

Cliqdigital is a mobile application and development company, which is stated be having a good reach in the European market

Related News

and , subsidiaries of Hyderabad-based listed company Nettlinx, along with local partners, , have formed a consortium with Bigstep Capital of UK to bid for , formerly known as Bobmobile that is listed on the German exchange.

According to Nettlinx chief operating officer and director P Chandrasekhar, the consortium had recently made a conditional offer for 75 per cent of outstanding shares of Cliqdigital at Euro 7 per share. The offer expires this month-end.

“We are very optimistic that the deal will go through,” Chandrasekhar said, adding the consortium members could do a lot of back-end work for Cliqdigital besides getting the rights to offer its services here.

Cliqdigital is a mobile application and development company, which is stated be having a good reach in the European market. Nettlinx is engaged in Internet and Webhosting activities.

Read more on:   
|
|
|

Read More

Nippon Steel, Sumitomo Metal to formally merge tomorrow

Japan's two major steelmakers Nippon Steel and Sumitomo Metal Industries are set to formally merge tomorrow, forming the world's second largest steel ...

Quick Links

Advertisement

Back to Top