Brief: K-Bro Acquires North West Of England-Based Laundry Business

K-Bro Linen

30/04/2024 11:18

April 30 (Reuters) - K-Bro Linen Inc  KBL.TO :
    * K-BRO ACQUIRES NORTH WEST OF ENGLAND-BASED LAUNDRY
BUSINESS
    * K-BRO LINEN INC- PROPOSED DEAL FOR CONSIDERATION OF £24.1
MILLION
    * K-BRO LINEN INC: SHORTRIDGE IS BEING ACQUIRED FOR
CONSIDERATION
OF £24.1 MILLION
    * K-BRO LINEN INC: ACQUISITION IS BEING FUNDED ENTIRELY FROM
K-BRO'S RECENTLY INCREASED SYNDICATED DEBT FACILITY
    * K-BRO LINEN INC- PROPOSED DEAL EXPECTED TO BE ACCRETIVE TO
THE
COMPANY

Source text for Eikon:  ID:nCNWQ8kHya 
Further company coverage:  KBL.TO 

 (Reuters.Briefs@thomsonreuters.com)