Brief: Michael Hill International Enters Into Binding Agreement To Acquire Business Of Bevilles

Michael Hill International

20/04/2023 02:35

April 20 (Reuters) - Michael Hill International Ltd
 MHJ.AX :
    * ENTERED INTO BINDING AGREEMENT TO ACQUIRE  BUSINESS OF
BEVILLES
    * DEAL EXPECTED TO BE IMMEDIATELY EPS ACCRETIVE
    * DEAL FOR BEVILLES AT ABOUT A$45 MILLION NET ENTERPRISE
VALUE
    * TRANSACTION EXPECTED TO BE FUNDED VIA EXISTING CASH
BALANCES AND
UNDRAWN DEBT FACILITY


Further company coverage:  MHJ.AX 

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