Summary
Healthcare technology specialist iSoft has sold off its Torex Retail business in a management buy-in buy-out deal worth nearly pounds 67 million.
Torex Retail has been acquired by Lynxangel, a firm specifically set up by management for the purposes of the agreement. Torex Retail comprises all of the retail activities of the iSoft Group; Torex Retail, Torex Retail (Holdings) and their respective subsidiary undertakings, together with 69.8 per cent of the issued share capital of Logware Informationssysteme.See the full content of this document
Extract
Management Buy Out Isoft Retail Arm
Lynxangel is paying pounds 66.9 million for the busi...
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