Telelink Business Services Group AD completed the acquisition of Sedam It D.O.O.
Telelink Business Services Group AD (BUL:TBS) completed the acquisition of Sedam It D.O.O. on April 1, 2024. The buyer made an initial upfront payment of ?5.1 million, based on Sedam IT's interim financial reports as of February 29, 2024 and provided guarantees to secure subsequent payments. The final upfront payment amount will be determined and disbursed following the publication of Sedam IT's financial statements as of March 29, 2024.