Brief: K-Bro announces agreement to acquire Fishers

K-Bro Linen

21/11/2017 21:21

Nov 21 (Reuters) - K Bro Linen Inc  KBL.TO  
    * K-Bro announces agreement to acquire Fishers, a leading 
UK-based 
commercial laundry services provider 
    * K Bro Linen Inc - signed a share purchase agreement to 
acquire 
100% of UK-based Fishers topco for a base purchase price of £35 
million 
    * K Bro Linen Inc -  to acquire Fishers for a base purchase 
price 
of £35 million on cash-free, debt-free basis & including £2.9 
million in net working capital 
 
Source text for Eikon:  ID:nCCN0sNrqa  
Further company coverage:  KBL.TO  
 
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