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CCG — Comms News Story

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Brief: Comms Group To Buy Tasmanet Business And Assets

May 16 (Reuters) - Comms Group Ltd CCG.AX:

TO BUY TASMANET BUSINESS AND ASSETS

ACQUISITION EXPECTED TO INCREASE REVENUE TO A$75M ANNUALLY

PURCHASE PRICE A$10M WITH A$8.5M UPFRONT

Further company coverage: CCG.AX

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

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