Brief: Falanx Cyber Security Enters Into Agreement To Dispose Cyber Security Division

Cloudified Holdings

09/11/2023 09:35

Nov 9 (Reuters) - Falanx Cyber Security Ltd  FCS.L :
    * ENTERED INTO A CONDITIONAL AGREEMENT TO DISPOSE OF ITS
CYBER
SECURITY DIVISION
    * DEAL FOR ENTERPRISE VALUE OF £4.2 MILLION
    * COMPLETION OF DISPOSAL EXPECTED TO TAKE PLACE IN EARLY
DECEMBER
2023
    * DISPOSAL OF WHOLLY OWNED OPERATING UNIT, FALANX CYBER
DEFENCE
AND FALANX CYBER TECHNOLOGIES TO THETIS BIDCO

Source text for Eikon:  ID:nRSI9409Sa 
Further company coverage:  FCS.L 

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