Redington India’s step down subsidiary -- Redington Gulf FZE (RGF) -- is planning to acquire the remaining 10% from the shareholder of Linkplus Bilgisayar Sistemleri Sanayi ve Ticaret A.S, Turkey (Linkplus) for a consideration of $0.90 million. This transaction will be executed this week. With this, RGF will hold 100% stake in Linkplus.
Redington is one amongst the top supply chain solution providers worldwide to over 100 leading manufacturers of Information Technology, Telecom, Lifestyle and Consumer Electronics Products.
