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TheDomains.com

CentralNic Buys Registrar Instra.com & Stock is Down Almost 20%

December 8, 2015 by Michael Berkens

CentralNic (LON:CNIC) is buying privately-owned domain name registrar, Instra Group, funded in part from a £10mln placing of stock with investors at 40p a share, for almost £16mln (A$33mln). According to the press release "the purchase will extend CentralNic’s capabilities and “significantly increase” its retail offering." According to the press release Instra in the year to June 30 posted … [Read more...]


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