Wednesday, December 5, 2007

BT - Frontline

SINGAPORE, Dec 5 (Reuters) - 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 percent over the company's average share price during the past month. (Reporting by Kevin Lim)
Posted by Tony Tan at 1:53 PM
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