Calidore pays pounds 3.58m for Keystone

Friday 22 August 1997 23:02 BST

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Calidore pays pounds 3.58m for Keystone

Calidore Group has agreed to buy the whole of the issued share capital of Keystone Solutions for pounds 3.58m, with further payments depending on Calidore's profit performance over the next three years. Calidore is also proposing to consolidate its ordinary shares on a one-for-20 basis and has placed new ordinary shares at 90p per share to raise pounds 1.5m for the development of the Keystone business, which develops software for legal and accountancy firms.

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Calidore pays pounds 3.58m for Keystone

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