Talkpool acquires Platinum company in Saudi Arabia
Talkpool has acquired Virtual Connect a Limited Liability Company in Saudi Arabia. Virtual Connect holds platinum status, which is the highest rating, and it thereby carries the most favourable rights and conditions to do business in Saudi Arabia.A first payment amounting to 34’000 Euro has been transferred in June 2018. We estimate the total investment this year to approximately 400’000 Euro, of which more than half will remain in the company as share capital.Talkpool started its operations in January in the Kingdom of Saudi Arabia, and this business will now be consolidated into Virtual