Brief: Propel Funeral Partners Executed Binding Legal Documentation To Acquire Funeral Service Businesses

Propel Funeral Partners

10/07/2023 02:39

July 10 (Reuters) - Propel Funeral Partners Ltd
 PFP.AX :
    * EXECUTED BINDING LEGAL DOCUMENTATION TO ACQUIRE FUNERAL
SERVICE
BUSINESSES AND RELATED ASSETS, INFRASTRUCTURE, REAL ESTATE
    * DEAL FOR  FOR UP TO CIRCA A$38 MILLION
    * ACQUISITIONS WILL MATERIALLY EXPAND AND BROADEN CO'S
NETWORK IN
NEW ZEALAND
    * EXPECTED TO COMPLETE DURING H1 OF FY24 AND EXPECTED TO BE
EARNINGS ACCRETIVE IN YEAR ONE

Source text for Eikon:  ID:nASXGj5cG 
Further company coverage:  PFP.AX 

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