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Global Invacom to acquire Onepath Networks Ltd

Zafirah Salim | Sept. 24, 2014
Completion of the acquisition is subject to certain conditions precedent related primarily to the completion of the sale process by the vendors.

SGX-listed Global Invacom Group Limited announced today that that it has entered into a conditional agreement to fully acquire OnePath Networks Ltd on September 23, 2014.

OnePath Networks Ltd is an Israel-based telecommunications company which focuses on the commercial, government, and military sectors.

According to Global Invacom's media statement, completion of the acquisition is subject to certain conditions precedent related primarily to the completion of the sale process by the vendors. Satisfaction of such conditions is expected to take place in approximately 45 days.

The company did not disclose any figures regarding the transaction, adding that further details will only be made available upon completion of the acquisition.

 

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