STOCKWATCH
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Tour- Travel Related Services
Acquisitions16 Jan 2024, 02:24 am

BLS International Acquires iDATA Expanding Global Presence in Visa and Consular Services

AI Summary

BLS International Services Ltd. has entered into a definitive Share Purchase Agreement to acquire 100% stake in iDATA, a Turkey-based Visa and Consular Services provider, for an Enterprise Value of Euro 50 Million. The acquisition will strengthen BLS' global presence and expand its portfolio of tech-enabled services for governments and citizens.,

Key Highlights

  • Acquisition of iDATA
  • Expansion of global presence
  • Strengthening of tech-enabled services portfolio
  • Enterprise Value of Euro 50 Million
  • Positive impact on EPS and financial performance
BLS
Tour- Travel Related Services
BLS International Services Ltd

Price Impact