Investors News

Covenant extension agreed with lending partners

Covenant extension agreed with lending partners

Liquid Intelligent Technologies announces the extension of Liquid’s net debt: EBITDA covenant threshold in respect of its ZAR term loan and RCF. Earlier this year we engaged with our lending partners on a pre-emptive basis due to the prospect of further exchange rate volatility in certain markets. Following constructive discussions ... Read More
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Liquid Intelligent Technologies completes acquisition of Telrad

Tel Aviv (Israel), 17 August 2022 - Leading African technology infrastructure and services provider Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies (Cassava), today announced the finalisation of its 100% acquisition and delisting of Telrad, an Israeli-based technology company (TASE: ILA). Telrad has a significant presence in 13 countries across the Middle East, ... Read More