TIM to Acquire V8 Consulting for $26.2 Million

MT Newswires Live

11/28

TIM (TIMB) said in a Thursday filing that its board approved the acquisition of V8 Consulting for 140 million Brazilian reais ($26.2 million), to be paid at closing.

The company said the deal includes up to 140 million reais in earn-out payments, subject to conditions.

TIM said it expects the acquisition of V8 Consulting to increase its capability to deliver digital transformation solutions.

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