Brief: Laserbond Strategic Expansion Into WA

LaserBond

23/02/2024 24:43

Feb 23 (Reuters) - LaserBond Ltd  LBL.AX :
    * LASERBOND'S STRATEGIC EXPANSION INTO WA
    * EXECUTED DEAL TO BUY 40% STAKE IN GATEWAY GROUP
    * DEAL TO BE EPS ACCRETIVE IN FIRST YEAR
    * AGREEMENT TO REACH MINIMUM OF 51% OWNERSHIP 3 YEARS FROM
SETTLEMENT DATE OF ACQUISITION IN GATEWAY GROUP

Source text for Eikon:  ID:nASX857fr9 
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