Logica in takeover.Anglo-Dutch IT services company LogicaCMG LogicaCMG (LSE: LOG, Euronext: LOG) is a UK-based global IT and management consultancy company. It is quoted on the London Stock Exchange and Euronext Amsterdam, and is a member of the FTSE 250 index of shares. will spend SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 11.9bn ([euro]1.3bn) in cash and shares to buy Swedish company WM-data, in a non-hostile offer backed by the WM-data board. The move will take LogicaCMG into fourth-place in the mature Nordic IT services market, which it estimated to be worth at least [euro]14.lbn. The aim is to save [pounds sterling]5m ([euro]22m) each year between the two businesses, as well as from the offshore relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. of some WM-data activities. LogicaCMG enters Denmark, Finland, Poland and Estonia for the first time, and hold small offices Norway and Sweden. Logica is also in the UK, France, Benelux, Germany, Switzerland, Austria, the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. and Slovakia. Overall, the combined company will have near 40,000 staff, an extra 9,000 to its current total. www.logicacmg.com |
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