Deals20 Sept 2025, 09:30 am
Redington Ltd's Subsidiary Enters into a USD 8 Million Device Distribution and Supply Agreement Assignment
AI Summary
Redington Ltd's step down subsidiary, Arena Bilgisayar Sanayi ve Ticaret A.S., through its subsidiary, Arena Connect Teknoloji Sanayi ve Ticaret AS., has entered into a definitive agreement with Datagate Bilgisayar Malzemeleri Ticaret A.S. for the assignment of a Device Distribution and Supply Agreement with Vodafone Dagitim, Servis ve icerik Hizmetleri A.S. The agreement is effective from October 1, 2025, and the value of the deal is approximately USD 8 million.
Key Highlights
- Redington Ltd's subsidiary enters into a definitive agreement for assignment of a Device Distribution and Supply Agreement.
- The agreement is with Datagate Bilgisayar Malzemeleri Ticaret A.S.
- The agreement is for approximately USD 8 million.
- The agreement is effective from October 1, 2025.
- The transaction is not with a related party.