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Global Invacom pushes ahead with Tactilis acquisition despite dissent

There are three dissenting directors on board of seven, but firm believes transaction will be a game-changer for it

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"Many of our shareholders have expressed frustration that while we've been doing a pretty reasonable job... the share price has been moving in the wrong direction - and we really need to move the dial." - Global Invacom's Anthony Taylor.

Singapore

SATELLITE communications equipment provider Global Invacom Group is pressing on with its proposed acquisition of Tactilis, valued at US$200 million, despite three dissenting directors on its board of seven.

Queried on that during an interview this week, Global Invacom...

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