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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