Brief: Decisive Dividend Announces Acquisition Of Innovative Heating Technologies And Concurrent Increase To Its Credit Facilities

Decisive Dividend

19/07/2023 21:52

July 19 (Reuters) - Decisive Dividend Corp  DE.V :
    * DECISIVE DIVIDEND CORPORATION ANNOUNCES ACQUISITION OF
INNOVATIVE HEATING TECHNOLOGIES INC. AND CONCURRENT INCREASE TO
ITS CREDIT FACILITIES
    * DECISIVE DIVIDEND CORP - ON CLOSING, AGGREGATE $15.5
MILLION
BASE PURCHASE PRICE, WAS PAID $13.2 MILLION IN CASH AND $2.3
MILLION IN COMMON SHARES
    * DECISIVE DIVIDEND CORP - DEAL FULLY FUNDED THROUGH A
DRAWDOWN ON
CORPORATION'S EXPANDED $25.0 MILLION REVOLVING TERM ACQUISITION
FACILITY
    * DECISIVE DIVIDEND CORP - DEAL EXPECTED TO BE IMMEDIATELY
ACCRETIVE TO DECISIVE

Source text for Eikon:  ID:nCNWtKsm8a 
Further company coverage:  DE.V 

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