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BRIEF-Akastor sells Frontica to Cognizant in NOK 1.03 bln deal
October 3, 2016 / 6:46 AM / a year ago

BRIEF-Akastor sells Frontica to Cognizant in NOK 1.03 bln deal

Oct 3 (Reuters) - Akastor Asa

* Agrees to sell Frontica IT business to Cognizant

* Consideration of NOK 1,025 million ($128.27 million) on a debt- and cash-free basis Source text for Eikon: Further company coverage: ($1 = 7.9912 Norwegian crowns) (Reporting By Terje Solsvik)

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