Sonda Makes Second Buy of 2010

Sonda Makes Second Buy of 2010

M&A

Acquisitive Chilean telecom Sonda says it is purchasing Mexico’s IT provider NextiraOne for $29m, its second acquisition so far this year. Chile’s Celfin Capital, which calculates that Sonda is paying 0.5x the target’s sales, sees it as a positive move. “The acquisition strengthens Sonda’s operation in Mexico, the second largest market in LatAm, and enhances its positioning as a major player in the area of IT systems, services, communications and security. We expect comp

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial