Brief: Cash Converters International Executes Sale & Purchase Agreement To Acquire Capital Cash

Cash Converters International

05/03/2023 21:50

March 6 (Reuters) - Cash Converters International Ltd
 CCV.AX :
    * EXECUTION OF A SALE AND PURCHASE AGREEMENT FOR ACQUISITION
OF
CAPITAL CASH LTD
    * DEAL FOR TOTAL CONSIDERATION OF UP TO ₤13.9M
    * PURCHASE PRICE WILL BE FUNDED USING AVAILABLE CASH
RESERVES AND
WILL BE IMMEDIATELY EARNINGS ACCRETIVE
    * ACQUISITION EXPECTED TO COMPLETE IN MID-2023

Source text for Eikon:  ID:nASX6WCBrR 
Further company coverage:  CCV.AX 

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