Solid Group to acquire electronics retailer - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Solid Group, Inc.’s board of directors has approved a plan to acquire Avid Sales Corp. for P100.2 million, the firm said on Thursday.

In a disclosure to the Philippine Stock Exchange, the company said the acquisition “will expand the current distribution business segment of Solid Group.”

According to its website, Avid Sales retails and markets audio and video electronics. It is also into information technology products related to audio and video services. It has a total of 26 retail stores mostly in Metro Manila malls.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines