South Africa: Alliance Data Soars After Buying Sindele

Johannesburg — THE acquisition of Sindele Mining Supplies earlier this year had boosted AltX-listed software developer Alliance Data's performance in the six months to August, Alliance said yesterday.

The company bought Sindele in March for R27m in order to diversify its services. That enabled the company to provide a wider range of services to the mining industry, in addition to information services.

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