Tuesday, November 30, 2021

Getronics to sell non-core businesses

Getronics NV will sell off select assets to reduce its debt and restore the confidence of customers and the financial markets, the Dutch IT services provider said Friday.

New management at Getronics, appointed late February, no longer backs a debt-for-equity swap offer to bondholders made by the previous management team. Instead, Getronics will sell non-core and under-performing assets to clear its

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication. Click this link to send me a note →

Jim Love, Chief Content Officer, IT World Canada

Related Tech News