Brief: Adairs Ltd Says To Buy Focus On Furniture For Enterprise Value Of A$80 Mln On A Debt Free Basis

Adairs

25/11/2021 01:18

Nov 25 (Reuters) - Adairs Ltd  ADH.AX :
    * AGREED TO PURCHASE FOCUS ON FURNITURE FOR AN ENTERPRISE
VALUE OF
A$80 MILLION ON A DEBT FREE BASIS
    * ACQUISITION EXPECTED TO BE IMMEDIATELY EPS ACCRETIVE &
DELIVER
PRO FORMA DOUBLE-DIGIT EPS ACCRETION IN FY23

Source text for Eikon:  ID:nASX5j59Nn 
Further company coverage:  ADH.AX 

 ((Reuters.Briefs@thomsonreuters.com;))