Brief: Hills Proposes Divestment Of Hills Security And It Distribution Business

Dicker Data

21/02/2022 01:40

Feb 21 (Reuters) - Dicker Data Ltd  DDR.AX :
    * PROPOSED DIVESTMENT OF HILLS SECURITY AND IT DISTRIBUTION
BUSINESS
    * PROPOSED DIVESTMENT OF HILLS SECURITY AND INFORMATION
TECHNOLOGY
DISTRIBUTION BUSINESS FOR AN ESTIMATED A$20 MILLION
    * DIRECTORS UNANIMOUSLY APPROVED PROPOSED DIVESTMENT TO
DICKER
DATA AND WILL RECOMMEND THAT SHAREHOLDERS VOTE IN FAVOUR OF
TRANSACTION
    * TO FOCUS ON STRONG GROWTH PROSPECTS IN ITS HEALTH
TECHNOLOGY
BUSINESS AND TECHNICAL SERVICES OPERATIONS

Source text for Eikon:  ID:nASXkcZmW 
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 ((Reuters.Briefs@thomsonreuters.com;))