eServGlobal Limited Receives $11.4 Million Escrow Payment From Oracle
August 10 2012 - 2:15AM
Dow Jones News
LONDON--eServGlobal Limited (ESG.LN), a telecommunications
software solutions company, said Friday that it has received the
final escrow amount of $11.4 million relating to the sale of its
USP business to Oracle (ORCL) in 2010.
MAIN FACTS:
-The Company received an initial payment of $79.4 million with
the balance held in escrow and to be released in two installments,
both of which have been received by eServGlobal.
-Revenue is anticipated to grow in the second half of the
financial year.
-Write to Mark Shapland at mark.shapland@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Eservglobal (ASX:ESV)
Historical Stock Chart
From May 2024 to Jun 2024
Eservglobal (ASX:ESV)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Eservglobal Limited (Australian Stock Exchange): 0 recent articles
More Eservglobal News Articles