NZ's ikeGPS Group jumps most in 3 months on acquisition of assets

Ikegps

02/08/2023 01:39

** Shares of ikeGPS Group  IKE.NZ  jump as much as 5.7% to
NZ$0.740, posting their biggest intraday pct gain since May 4
    ** Platform technology co says it acquired assets of the
Marne & Associates National Electrical Safety Code training
business
    ** Co does not disclose the acquisition sum
    ** Says acquisition is expected to be accretive immediately,
although not materially relative to IKE's revenue profile 
    ** IKE stock down 20.5% YTD, as of last close

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))