Vanco

Reliance snaps up Vanco

Indian’s Reliance Group continued its investment and acquisition binge on Monday, snapping up UK-based virtual network operator (VNO) Vanco. Reliance Globalcom said it will pay $76.9m to acquire 100 per cent of Vanco’s equity free of debt. Vanco’s peak market capitalisation had hit £380m, suggesting the company had some significant debt. Earlier this month, Vanco […]

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