8/17/2009 4:09:00 PM
Daisy Group sets 28 August deadline for Redstone acquisition
Daisy Group is aiming to complete its acquisition of Redstone by 28 August.
Redstone, telecoms and IT supplier Eurotel, and communications and technology company AT Communications, will all remain under the same name until that date.
A source at Daisy Group said it would be decided if names were be changed after that time but at the moment, it was ‘business as usual’.
Industry sources had raised questions as to whether Daisy would keep the Redstone branding for its distribution arm, which is based in Ipswich .
Speculation is also mounting over the fate of Redstone’s Ipswich arm, as well other staff that currently work for the company.