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Pinnacle looks to buy out Datacentrix

Pinnacle has upped its stake in integrated ICT systems provider Datacentrix and looks set to try acquire the rest of the shares it does not currently hold.

Pinnacle says it acquired 20 million Datacentrix ordinary shares from RMB Securities, pushing its stake in Datacentrix from just under 35% to 45%, and “intends to further increase” its interest in the company. [1]

[1] By Paula Gilbert for ITWeb

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