SOUTH African IT company Computer Configurations Holdings (CCH) has sold its infrastructure management division Infracom to the unit’s management for up to R210m. The disposal is part of a deal by data management firm MGX to buy out all other CCH assets. Absa Corporate Bank is providing most of the funding for the buyout of Infracom, which manages infrastructure and facilities for mainly telecoms clients. Just over R165m of the purchase price will be paid in cash, with the rest subject to Infracom meeting certain profit levels. – Reuters