DWS backs out of SMS bidding war
IT services provider DWS has dropped out of the race to buy competitor SMS Management and Technology.
IT services provider DWS has dropped out of the race to buy competitor SMS Management and Technology.
IT services company ASG Group has bid $124 million to buy rival SMS Management and Technology, trumping an earlier offer from DWS.
A shareholder vote on the proposed acquisition of ASX-listed IT services provider SMS Management and Technology by DWS has been postponed.
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ASG Group is likely to make a rival bid to acquire IT services provider SMS Management and Technology.
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