Brief: Motorcycle Holdings Announces Acquisition Of Mojo Group

MotorCycle Holdings

23/09/2022 02:24

Sept 23 (Reuters) - MotorCycle Holdings Ltd  MTO.AX :
    * ACQUISITION OF MOJO GROUP
    * BINDING AGREEMENT TO ACQUIRE MOJO GROUP
    * DEAL FOR  CONSIDERATION OF UP TO A$60 MILLION ON A CASH
FREE,
DEBT FREE BASIS
    * WILL FUND CASH COMPONENT OF CONSIDERATION THROUGH INCREASE
TO
ITS DEBT FACILITY
    * ON PROFORMA FY22 CONSOLIDATED BASIS TRANSACTION EXPECTED
TO BE
18% EPS ACCRETIVE BEFORE SYNERGIES,  INTEGRATION COSTS, AMONG
OTHERS

Source text for Eikon:  ID:nASX2GlfY5 
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