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Tuesday, May 29, 2012

LOGICA PLC - Logica sells its stake in Silta Oy

29 May 2012 Logica sells its stake in Silta Oy Logica today announces the conditional sale of its 50% stake in Silta Oy to private equity company Sentica Partners. The gross asset value is estimated at £1.1 million. The transaction is subject to approval by the competition authorities. Silta Oy is a venture with Finnish insurance companies Varma Mutual Pension Insurance Company and Sampo Oyj. The disposal will allow Logica to focus on its core competencies of IT and business services, in th...continued
 

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