Street Talk
Take two: NEC buys CSG unit
CSG Ltd’s embattled shareholders look like finally getting their payday, as the company is set to announce a deal with Japan’s NEC.
Sarah Thompson and Anthony Macdonald
Updated
CSG Ltd ’s embattled shareholders look like finally getting their payday as the company is set to announce a deal with Japan’s NEC.
It is understood NEC has offered up to $260 million for CSG’s technology solutions unit alone, which is significantly more than CSG’s $180 million market capitalisation.
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