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AO World PLC - Bolton, England-based electrical retailer - Buys certain assets of A1 Comms Ltd, principally the intellectual property rights in and to the websites www.affordablemobiles.co.uk and www.buymobiles.net. The consideration for these assets was £2.2 million. ‘As AO seeks to expand its mobile proposition, the acquisition of the Brands and Platforms will provide AO with expertise and synergies that will accelerate this ambition. AO is also pleased to have saved 73 jobs through the transaction,’ AO World. Current stock price: 87.20 pence 12-month change: up 45% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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