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ILX – The Bos is making moves: Upgrade to Speculative Buy

Tom Winnifrith
Thursday 6 December 2012

I noted in an update here yesterday on ILX Group (LSE:ILX), the AIM-listed provider of e-learning software and business training, that new executive chairman/interim CEO, Wayne Bos, had overseen the identification of a small number of acquisition opportunities, with the first of these under consideration. Bos has wasted little time concluding this – with ILX announcing it has acquired Obrar Ltd, a consulting and project management services company. The following takes a look at the details of the acquisition and its likely impact for the ILX share price.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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