Brief: Connectm Announces Agreement To Divest India Business And Logistics Land Infrastructure Asset In $34.2 Million Blue Cloud Share Transaction
05/05/2026 14:05
May 5 (Reuters) - Blue Cloud Softech Solutions Ltd BLUC.BO: CONNECTM ANNOUNCES AGREEMENT TO DIVEST INDIA BUSINESS AND LOGISTICS LAND INFRASTRUCTURE ASSET IN $34.2 MILLION BLUE CLOUD SHARE TRANSACTION CONNECTM TECHNOLOGY SOLUTIONS: BLUE CLOUD SOFTECH SOLUTIONS TO BUY GIX FOR 170 MILLION SHARES VALUED AT $34.2 MILLION CONNECTM: TO OWN 17.3% OF BLUE CLOUD POST-ISSUE EQUITY CONNECTM: BLUE CLOUD BOARD STOCKHOLDERS APPROVE ACQUISITION Source text: ID:nGNX58TFr0 Further company coverage: BLUC.BO ((Reuters.Briefs@thomsonreuters.com;))
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