Brief: Cosol Ltd Says To Acquire Clarita Solutions Pty Ltd

Cosol

08/11/2021 24:34

Nov 8 (Reuters) - Cosol Ltd  COS.AX :
    * TO ACQUIRE CLARITA SOLUTIONS PTY LTD
    * ACQUISITION IS ACCRETIVE TO EARNINGS AND WILL CONTRIBUTE
POSITIVELY TO COSOL'S FY22 RESULT
    * DEAL FOR UPFRONT CONSIDERATION OF A$7 MILLION IN CASH AND
8
MILLION COS SHARES
    * UPFRONT AND EARN-OUT CASH CONSIDERATION WILL BE FUNDED
FROM
EXISTING CASH RESERVES AND/OR FINANCING FACILITIES

Source text for Eikon:  ID:nASX9WNBlp 
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 ((Reuters.Briefs@thomsonreuters.com;))