Friday May 29, 2020

Still hope for Zamano offer despite €20m bid setback

25th October, 2015
John Rockett

Zamano, the Irish mobile technology specialist, is understood to be still in play despite a bid for the company falling apart at the eleventh hour last week.

It is understood that the approach, which was from a private equity-backed potential buyer, valued the company at around €20 million.

However, the company would not sign off on the terms of the proposed deal and it collapsed last Thursday.

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