Brief: Laserbond Entered Into MoU To Acquire Business Of United Surface Technologies

LaserBond

15/06/2020 02:50

June 15 (Reuters) - LaserBond Ltd  LBL.AX :
    * ENTERED INTO MOU TO ACQUIRE BUSINESS OF UNITED SURFACE
TECHNOLOGIES
    * NOW EXPECT REPORTED FY20 REVENUE TO BE 2 TO 2.5% LESS THAN
FY19
REVENUE
    * $1.1 MILLION PURCHASE PRICE FUNDED THROUGH EXISTING
EQUIPMENT
FINANCING FACILITIES AND CASH RESERVES

Source text for Eikon:  ID:nASXDvW7s 
Further company coverage:  LBL.AX 

 ((Reuters.Briefs@thomsonreuters.com;))