JTC Plc acquires INDOS for upto £12.5 million
LONDON: JTC Plc has acquired INDOS for a maximum consideration of £12.5 million, a news release said. The initial consideration is £11m which will be settled in cash £10m and JTC equity £1m. A further £1.5m deferred consideration is available to management on the achievement of performance targets. Founded in 2012, INDOS is an industry-leading…