Every company has its own growth ambitions.
More so when a company heads for an IPO as a way to raise more money for expansion.
However, the pandemic this year has thrown a spanner into many companies’ growth works.
Border closures and movement control restrictions have led to a plunge in demand, disrupting many businesses and setting back their plans.
Yet, some companies have continued to soldier on despite the challenges.
A few have even made use of this downturn to conduct acquisitions that will help their business to grow stronger once the crisis abates.
We take a look at three companies that announced acquisitions recently.