Brief: National Tyre & Wheel Says Unit Acquired Certain Assets From Brisbane Based Alacad Pty Ltd

NTAW Holdings

30/11/2021 08:24

Nov 30 (Reuters) - National Tyre & Wheel Ltd  NTD.AX :
    * UNIT ACQUIRED CERTAIN ASSETS FROM BRISBANE BASED ALACAD
PTY LTD
    * ACQUISITION IS EXPECTED TO BE EPS ACCRETIVE IN FY22
    * ACQUISITION WILL INCREASE UNIT'S ALLOY WHEEL BUSINESS WITH
EXCLUSIVE DISTRIBUTION OF AMERICAN OUTLAW IN AUSTRALIA
    * DYNAMIC PAID A$1.1 MILLION FOR ACQUIRED ASSETS

Source text for Eikon:  ID:nASX4w6ZB6 
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 ((Reuters.Briefs@thomsonreuters.com;))