January 9, 2020 / 9:34 PM / 6 months ago

IT solutions firm Synnex to separate into two publicly listed companies

Jan 9 (Reuters) - Synnex Corp said on Thursday it plans to separate into two publicly listed companies, Synnex Technology Solutions and Concentrix.

Following the separation, Synnex shareholders will own shares of both Synnex Technology and Concentrix, the company said.

The separation is expected to be completed in the second half of 2020. (Reporting by C Nivedita in Bengaluru; Editing by Shounak Dasgupta)

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