Brief: MAAS Group Announces Strategic Acquisition To Enter Construction Materials Market In Victoria

MAAS group

25/11/2022 01:12

Nov 25 (Reuters) - MAAS Group Holdings Ltd  MGH.AX :
    * ANNOUNCES STRATEGIC ACQUISITION TO ENTER CONSTRUCTION
MATERIALS
MARKET IN  VICTORIA
    * HAS ENTERED INTO A BINDING AGREEMENT TO ACQUIRE DANDY
PREMIX
    * TOTAL CONSIDERATION FOR ACQUISITION IS A$85.0 MILLION
    * ACQUISITION EXPECTED TO BE EARNINGS PER SHARE ACCRETIVE
AND
CONTRIBUTE STRONGLY TO EARNINGS IN FY24 AND BEYOND

Source text for Eikon:  ID:nASX2CgWz4 
Further company coverage:  MGH.AX 
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