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MoneyWorks4Me

Netlink Solutions to sell 100% rights, ownership of exhibition business

15 Jun 2018 Evaluate

Netlink Solutions (India) has received an approval for Letter of Intent (LoI) containing proposal for sale of 100% rights and ownership of the Exhibition business containing ‘Stationery & Write Show, Corporate Gift Show and Houseware and Kitchenware Show’ to Messe Frankfurt Trade Fairs India (Buyer). Another proposal in LoI is that the company would be entitled to 30% share of profits from 2023 exhibition onwards till the company decides to sale the remaining 30% profit entitlements. The Board of Directors of the company accepted and approved the same.

Netlink Solutions (India), incorporated in 1984, offers successful web-based solutions for strategic business management.

Peers
Company Name CMP
TCS 2480.50
Infosys 1143.45
HCL Technologies 1411.50
Wipro 190.05
Tech Mahindra 1770.50
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