Being AI facilitates $6.6m buy-out of Spectrum Consulting
NZX-listed company will take 50% for $3.3m, and help Spectrum’s senior management fund the rest.
Being AI CEO David McDonald.
Being AI intends to acquire 50% of data infrastructure provider Spectrum, while financing the company’s senior management team to buy the rest, for an overall price of $6.6 million.
The NZX-listed company told the market this morning that it would pay $3.3m for its 50% stake, and provide funding
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