BT to buy Singapore’s Frontline for $140 mn
BT, the UK telecom giant, will buy Singapore computer services firm Frontline Technologies for S$202 million ($139.8 million), the Singapore firm said on Wednesday.
BT will pay 24.5 Singapore cents for each Frontline share, which is a premium of 34 per cent over the company’s average share price during the past month.
Source:
