Nimbus Infrastructure Ltd. (NMSE:NUSP) acquired 26.5% stake in Paratus Telecommunications (Pty) Ltd for NAD 95 million on February 7, 2018. Under the transaction, Nimbus acquired 8% of the issued share capital in Paratus for a cash payment of NAD 20 million and the balance of NAD 75 million in shares. Paratus had a turnover of approximately $100 million (NAD 1.24 billion) in 2017. Nimbus Infrastructure Ltd. (NMSE:NUSP) completed the acquisition of 26.5% stake in Paratus Telecommunications (Pty) Ltd on February 7, 2018.