Brief: Mcgrath Acquires Stake In Top Performing Franchisee
04/10/2022 02:18
Oct 4 (Reuters) - Mcgrath Ltd MEA.AX :
* MCGRATH ACQUIRES STAKE IN TOP PERFORMING FRANCHISEE
* ACQUIRED 30% STAKE IN ITS CENTRAL COAST FRANCHISEE,
MCGRATH
CENTRAL COAST
* ACQUISITION OF 30% STAKE FOR A$7.0 MILLION
* TRANSACTION IS EXPECTED TO BE EPS ACCRETIVE IN FIRST YEAR
POST
COMPLETION
Source text for Eikon: ID:nASX2gvzV
Further company coverage: MEA.AX
((Reuters.Briefs@thomsonreuters.com;))
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