This article is more than 1 year old

Matrix Communications preps distie sale

Talks with competing parties

Matrix Communications Group confirmed today that its distribution business may be up for sale. A decision is due within weeks, the company added.

The comms services group issued a statement this morning saying it was in discussions with a number of competing parties which may or may not lead to a sale of its hardware distribution activities.

It said that while there was no guarantee the talks could lead to a deal, it expected the process would be wrapped up one way or another before it releases its preliminary results for 2005. These are expected in the week beginning 13 February. ®

More about

TIP US OFF

Send us news


Other stories you might like