Brief: Inghams Group Announces Acquisition Of Bostock Brothers Limited In New Zealand

Inghams

07/03/2024 01:29

March 7 (Reuters) - Inghams Group Ltd  ING.AX :
    * ACQUISITION OF BOSTOCK BROTHERS LIMITED IN NEW ZEALAND
    * DEAL FOR  NZ$35.3 MILLION
    * SEES ACQUISITION TO BE EPS ACCRETIVE TO FY25 EARNINGS
    * ACQUISITION EXPECTED TO GENERATE A RETURN ON INVESTED
CAPITAL
MEANINGFULLY IN EXCESS OF INGHAMS HURDLE RATE
    * ACQUISITION WILL BE FULLY FUNDED FROM EXISTING DEBT
FACILITIES

Further company coverage:  ING.AX 

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