Brief: Ive Group Says Execution Of Asset Sale Agreement To Acquire Ovato Assets

Ive

29/08/2022 24:40

Aug 29 (Reuters) - IVE  IGL.AX :
    * EXECUTION OF ASSET SALE AGREEMENT TO ACQUIRE OVATO ASSETS
    * ENTERED INTO AN AGREEMENT TO ACQUIRE SUBSTANTIALLY ALL OF
ASSETS
OF OVATO
    * IN DEAL, NET PURCHASE CONSIDERATION OF APPROXIMATELY A$16
MILLION
    * ACQUISITION IS EXPECTED TO BE ACCRETIVE TO EPS IN FY23

Source text for Eikon:  ID:nASX8Xly2V 
Further company coverage:  IGL.AX 

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