Business
Dye & Durham Closes Acquisition of GlobalX
Dye & Durham Closes Acquisition of GlobalX Dye & Durham Closes Acquisit...
About this update from Dye & Durham Ltd.
[{"type":"text","content":"\n \n \n \n Dye & Durham Closes Acquisition of GlobalX\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n Dye & Durham Closes Acquisition of GlobalX\n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n July 2, 2021\n \n /CNW/ - Dye & Durham Limited (\"\n \n Dye & Durham\n \n \" or the \"\n \n Company\n \n \") (TSX: DND), a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, today announces that it has closed its previously announced agreement to acquire GlobalX Information Pty Ltd for approximately\n \n C$159 million\n \n (\n \n A$171 million\n \n ). On\n \n June 17, 2021\n \n the Australian Competition & Consumer Commission announced that it would not oppose the transaction, providing clearance for Dye & Durham to proceed with closing of the acquisition.\n \n \n \"We are excited to be moving forward with the acquisition of GlobalX and welcoming the company and its team into Dye & Durham. We expect a seamless integration of GlobalX with our existing\n \n Australia\n \n business and, importantly, a transition which is not disruptive to our customers,\" said\n \n Matt Proud\n \n , CEO of Dye & Durham.\n \n \n The acquisition of GlobalX further grows Dye & Durham's platform in\n \n Australia\n \n , delivering value to Australian legal, property and business professionals.\n \n \n \n About Dye & Durham\n \n \n \n Dye & Durham Limited is a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. Dye & Durham provides critical information services and workflows, which clients use to manage their process, information and regulatory requirements. The Company has operations in\n \n Canada\n \n , the\n \n United Kingdom\n \n ,\n \n Ireland\n \n and\n \n Australia\n \n , and has a strong blue-chip customer base that includes law firms, financial service institutions, and government organizations. Additional info...