EOH sale of Sybrin for R334m a leg-up for debt-cutting efforts
09 June 2021 - 05:08
EOH has sold its financial services software specialist, the latest disposal of assets as part of the technology group’s plan to pay down debt and jettison noncore assets following a devastating graft scandal.
The disposal of Sybrin, which provides payments software solutions and online customer onboarding process for banks, will net R334m for EOH, the technology group that is working to repair its image following a governance scandal that landed it in front of the Zondo commission...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.