Brief: Acumentis Group To Buy Remaining 57.8% Of Its Western Australian Associate Acumentis Holdings
20/05/2021 07:46
May 20 (Reuters) - Acumentis Group Ltd ACU.AX :
* ACQUISITION OF BALANCE OF WA BUSINESS-ACU.AX
* TO BUY REMAINING 57.8% OF ITS WESTERN AUSTRALIAN ASSOCIATE
ACUMENTIS HOLDINGS
* TOTAL ACQUISITION PRICE BETWEEN $2.6M AND $3.9M
* DEAL ADDS $7-8M ANNUAL REVENUES TO CONSOLIDATED RESULTS OF
CO
* ACQUISITION PRICE TO BE SETTLED 55% CASH AND 45% ISSUE OF
NEW
SHARES
Source text for Eikon: ID:nASX5nVJcF
Further company coverage: ACU.AX
((Reuters.Briefs@thomsonreuters.com;))
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