Brief: MBH Acquires Australian Cobul Constructions

MBH

30/10/2020 08:48

Oct 30 (Reuters) - MBH CORPORATION PLC  M8H.DE :
    * MBH ACQUIRES AUSTRALIAN COBUL CONSTRUCTIONS FOR ITS
CONSTRUCTION
VERTICAL
    * TOTAL CONSIDERATION FOR ACQUISITION OF COBUL CONSTRUCTIONS
IS
APPROXIMATELY GBP5M TO GBP8M OF WHICH WILL BE SETTLED BY WAY OF
A LISTED BOND
    * BOND: 5-YEAR MATURITY WITH PRINCIPAL PAYABLE AT MATURITY;
AND 5%
COUPON RATE PER ANNUM PAYABLE SEMI-ANNUALLY
    * ESTIMATED EARNINGS PER SHARE GROWTH AS A RESULT OF THIS
ACQUISITION IS ABOUT 18%
    * WITH THIS LATEST ACQUISITION PRO-FORMA REVENUES OF MBH
GROW TO
GBP98M IN FINANCIAL YEAR 2020

Source text for Eikon:  ID:nEQ46Xyv4a 
Further company coverage:  M8H.DE 

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