Brief: Austco Healthcare Says Entered Term Sheet To Acquire Amentco

Austco Healthcare

21/02/2024 01:43

Feb 21 (Reuters) - Austco Healthcare Ltd  AHC.AX :
    * AUSTCO HEALTHCARE ENTERS TERM SHEET TO ACQUIRE AMENTCO
    * ENTERS TERM SHEET TO ACQUIRE AMENTCO
    * ACQUISITION IS EXPECTED TO BE IMMEDIATELY EARNINGS PER
SHARE
ACCRETIVE, NOT INCLUDING ANY REVENUE SYNERGY BENEFITS
    * AMENTCO WILL BE ACQUIRED ON A CASH-FREE, DEBT-FREE BASIS
FOR A
TOTAL PURCHASE PRICE OF A$10.6 MILLION
    * ACQUISITION IS EXPECTED TO BE COMPLETED EARLY IN Q4 OF
FY24

Source text for Eikon:  ID:nASX2pJM47 
Further company coverage:  AHC.AX 

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