Brief: Kimball Hospitality announces the pending acquisition of D'style, Inc.

Kimball International

01/11/2017 12:45

Nov 1 (Reuters) - Kimball International Inc  KBAL.O  
    * Kimball Hospitality announces the pending acquisition of 
D'style, Inc. 
    * Kimball International Inc - acquisition is expected to be 
accretive to earnings in fiscal year 2018 
    * Kimball International Inc - purchase price for D'style 
is 
$20.0 million, inclusive of a $2.2 million contingent earn-out 
    * Kimball International-D'style will continue to be led by 
Roberto 
Besquin,former co-owner and founder of company, who will serve 
as executive director 
 
Source text for Eikon:  ID:nGNXOGNHWa  
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 (Bangalore.newsroom@thomsonreuters.com)