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Altron to sell three more subsidiaries


Altron to sell more subsidiaries, including Xerox agency
Altron CEO Mteto Nyati
Altron plans to sell its Altron Document Solutions, Arrow and People Solutions subsidiaries, which it has identified as non-core.
The JSE-listed technology group has already identified a range of parties that are interested in participating in a sale of these companies, CEO Mteto Nyati said in an investor presentation on Wednesday.
Altron Document Solutions previously known as Bytes Document Solutions already has five interested parties, Nyati said. Document Solutions is the biggest authorised Xerox distributor in the world.
Altron wants to complete, or be in the process of completing, the three disposals by the time it presents its 31 August interim financial results ....

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