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ANIXTER INTERNATIONAL: Anixter announces the sale of its European network integration business unit.
0 Comments | M2 Presswire, September, 1998
M2 PRESSWIRE-14 September 1998-ANIXTER INTERNATIONAL: Anixter International announces the sale of its European network integration business unit (C)1994-98 M2 COMMUNICATIONS LTD RDATE:110998 Anixter International Inc. (NYSE: AXE - news) announced today that it has signed an agreement to sell its European network integration business unit, which does business as Anixter Communications & Integration (ACI), to Persetel Q Data Holdings of South Africa (Johannesburg Stock Exchange: PQHold).
The terms of this all-cash transaction were not disclosed. The agreement also provides for a reciprocal referral of business arrangement between the non-European Anixter integration businesses and the Persetel Q Data Holdings operations in Europe. Commenting on the...
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