Brief: Close The Loop Says To Acquire Isp Tek Services
17/03/2023 01:20
March 17 (Reuters) - Close The Loop Inc CLG.AX :
* TO ACQUIRE ISP TEK SERVICES
* DEAL FOR UP TO US$66M
* A$45 MILLION CAPITAL RAISING VIA A PLACEMENT AT 33 AU
CENTS PER
SHARE
* TRANSACTION IS EXPECTED TO BE CIRCA 100% ACCRETIVE ON AN
EPS
BASIS POST ACQUISITION
* DEBT FACILITY OF UP TO US$52.5 MILLION SECURED
Source text for Eikon: ID:nASX6tcw1r
Further company coverage: CLG.AX
((Reuters.Briefs@thomsonreuters.com;))
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