Online electronics retailer eXpansys plc, which has Peter Jones CBE as its major shareholder and Deputy Chairman, says it plans to acquire two other Jones-controlled businesses to "build a global online technology superstore".
Data Select Network Solutions distributes SIM cards for mobile networks and MVNOs, while PJ Media is a web design and online marketing company. The total deal is worth £49 million and is subject to the approval of shareholders at an EGM on 23rd July.