Brief: PeopleIn Says It Will Acquire Perigon Group

PeopleIn

09/02/2022 02:00

Feb 9 (Reuters) - PeopleIn Ltd  PPE.AX :
    * TO ACQUIRE PERIGON GROUP
    * DEAL FOR UPFRONT CONSIDERATION OF A$16M
    * BASED ON CURRENT EARNINGS PROJECTIONS, EXPECT FURTHER
A$10.8M
MAY BE PAYABLE FOR DEAL
    * BUSINESS IS EXPECTED TO CONTRIBUTE A$1.5M IN EBITDA IN
FY22 AND
A$4.3M IN EBITDA IN FY23
    * DEAL EXPECTED TO CONTRIBUTE PRO FORMA EXPECTED EPS
ACCRETION OF
ABOUT 8% IN FY23

Source text for Eikon:  ID:nASX84xgY4 
Further company coverage:  PPE.AX 

 ((Reuters.Briefs@thomsonreuters.com;))