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Technology / AI and automation

P-E INTERNATIONAL BUYS INBUCON MANAGEMENT CONSULTANTS, INBUCON INTERNATIONAL AND JOHN EVANS LTD FROM RELIANCE GROUP

The prospects for Computer People Group Plc’s forthcoming placing and offer for sale (CI No 682) were boosted on Friday when rival P-E International – a 35% competitor according to Computer People finance director Richard Pinder, paid the Reliance Group Plc UKP8.5m for Inbucon Management Consultants, Inbucon International and John Evans Ltd; P-E is issuing 4.2m new shares to pay for the acquisition.

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