Brief: Earlypay Ltd Announces Binding Agreement To Buy Selected Assets Of Timelio Pty

Earlypay

03/11/2023 01:08

Nov 3 (Reuters) - Earlypay Ltd  EPY.AX :
    * ENTERED A BINDING AGREEMENT TO ACQUIRE SELECTED ASSETS OF
TIMELIO PTY
    * DEAL FOR PURCHASE PRICE OF C. A$3M
    * ACQUISITION PROVIDES ABOUT A$35M OF FUNDS IN USE IN CORE
INVOICE
FINANCE PRODUCT
    * REFINANCING OF INVOICE AND TRADE FINANCE FACILITY EXPECTED
IN
EARLY DECEMBER 2023
    * EPS ACCRETIVE ACQUISITION IN ADDITION TO STRATEGIC
BENEFITS

Source text for Eikon:  ID:nASX7drMSP 
Further company coverage:  EPY.AX 

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