Abengoa's Telvent to buy Spain's IT consultancy Matchmind

Date : 09/25/2007 @ 10:22AM
Source : TFN
Stock : Telvent Git Sa (TLVT)
Quote : 9.11  0.0 (0.00%) @ 8:39AM
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Abengoa's Telvent to buy Spain's IT consultancy Matchmind

        MADRID (Thomson Financial) - Abengoa SA's IT unit Telvent GIT SA said it is
fully acquiring Spain's IT consultancy Matchmind, but did not disclose financial
terms.
    In a statement, Telvent said the acquisition is subject to regulatory
conditions, with the deal seen being finalized by before Oct 15.
    Matchmind has more than 1,200 employees, with sales forecasted to be more
than 70 mln eur in 2007, the company said.
tfn.europemadrid@thomson.com
ccs/lam

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