Brief: Generation Development Says Lonsec Holdings Acquired Implemented Portfolios Limited
July 21 (Reuters) - Generation Development Group Ltd
GDG.AX :
* LONSEC HOLDINGS ACQUIRED IMPLEMENTED PORTFOLIOS LIMITED
* LONSEC HOLDINGS ACQUIRED IMPLEMENTED PORTFOLIOS
* TRANSACTION EARNINGS ACCRETIVE FOR LONSEC, PRE-SYNERGIES
AND
FULLY FUNDED WITH LONSEC CASH AND DEBT FINANCING FACILITIES
Source text for Eikon: ID:nASX1lDppW
Further company coverage: GDG.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Generation Development
See all newsBrief: Generation Development Says FY2026 Revenue From Ordinary Activities Down 6% To A$589.5 Million
Brief: Generation Development Says Expects Strong Growth In Fum In FY27
Australia's Generation Development hits near 2-year low on earnings miss
Jefferies sees positive FY27 for units of Australia's Generation Development on upbeat FUM
Australia's Generation Development soars on strong funds under management growth