Brief: Johns Lyng Announces Acquisition Of 87.5% Controlling Equity Interest In Keystone Group
23/09/2024 02:16
Sept 23 (Reuters) - Johns Lyng Group Ltd JLG.AX :
* ACQUISITION OF 87.5% CONTROLLING EQUITY INTEREST IN
KEYSTONE
GROUP
* WILL PAY UPFRONT CONSIDERATION OF A$44.1M IN CASH
* ACQUISITION EXPECTED TO CONTRIBUTE TO FY25 REVENUE OF MORE
THAN
A$100 MILLION
* DEAL EXPECTED TO CONTRIBUTE TO FY25 EBITDA OF A$9.0M
Further company coverage: JLG.AX
((Reuters.Briefs@thomsonreuters.com;))
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