Brief: Iph Says Ridout & Maybee - Canadian Ip Firm To Join Smart & Biggar

IPH

17/08/2023 02:18

Aug 17 (Reuters) - IPH Ltd  IPH.AX :
    * CANADIAN IP FIRM TO JOIN SMART & BIGGAR
    * RIDOUT & MAYBEE WILL JOIN SMART & BIGGAR FOR CONSIDERATION
OF
CAD 65M
    * DEAL EXPECTED TO BE UNDERLYING EPS ACCRETIVE IN FIRST FULL
YEAR
OF OWNERSHIP
    * TRANSACTION CONSIDERATION WILL BE FUNDED FROM IPH DEBT
FACILITIES, EXISTING CASH RESERVES AND ISSUANCE OF IPH SHARES TO
VENDORS

Source text for Eikon:  ID:nASX57sXRW 
Further company coverage:  IPH.AX 

 ((Reuters.Briefs@thomsonreuters.com;))