Brief: Credit Clear Announces Strategic Acquisition Of Insurance Recoveries Business
Nov 3 (Reuters) - Credit Clear Ltd CCR.AX :
* STRATEGIC ACQUISITION OF INSURANCE RECOVERIES BUSINESS
* ENTERED INTO A BINDING AGREEMENT TO ACQUIRE 100% OF DRA
GROUP OF
COMPANIES
* DEAL EXPECTED TO BE IMMEDIATELY CASH AND EARNINGS
ACCRETIVE
* DEAL FOR A TOTAL CONSIDERATION OF A$1.5M
Source text for Eikon: ID:nASXlWkGT
Further company coverage: CCR.AX
((Reuters.Briefs@thomsonreuters.com;))
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