RedstoneConnect (AIM:REDS) sells its main operating businesses, but what value the remainder?
RedstoneConnect (AIM: REDS), the leading provider of technology and services for smart buildings and commercial spaces, has agreed to sell its Systems Integration and Managed Services divisions to Excel I.T. Services for a total consideration of £21.6m. With the market capitalisation of REDS only £23.8m (at a share price of 115p), you get a sense how material this deal is for the Group.
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