iCreate No Longer Plans To Acquire Ideas Execution Limited  

  • iCreate Limited has announced that it will no longer be proceeding with its previously announced intention to acquire Ideas Execution Limited.
  • On February 3 of this year, the digital media and edu-tech firm announced that it planned to acquire 100% ownership of the branding and trade marketing company, Ideas Execution Limited.
  • iCreate’s CEO Tyrone Wilson had indicated that the acquisition fits into the company's merger and acquisition strategy. However, in the same announcement noting its change in plans, iCreate said it remains committed to its growth strategy and will continue to explore opportunities for expansion in the future.

(Source: JSE)