December 12, 2012 / 10:49 AM / 5 years ago

Adcorp to buy Australian IT company

JOHANNESBURG (Reuters) - South African employment agency Adorp (ADRJ.J) said on Wednesday it had bought Australian IT provider Paxus from Computer Sciences Corporation CSC.N for almost 545 million rand ($63 million) in cash.

    Adcorp said the acquisition would diversify its earnings and geographic spread.

    Reporting by Ed Stoddard

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below