March 8, 2017 / 4:22 PM / 5 months ago

BRIEF-IMS signs LOI regarding purchase of majority stake in Pixel

March 8 (Reuters) - IMS SA:

* Signs a letter of intent (LOI) with stakeholders of Pixel Inspiration Holdings Limited (Pixel)

* The LOI concerns the terms of buying a majority stake in Pixel by the company

* IMS, under the LOI, is obliged to subit an offer for the stake within 14 days from the date of signing the letter

* Pixel is the UK based implementer of digital signage and out of home media solutions Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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