Brief: Ridley Corp Enters Into Agreement To Acquire Oceania Meat Processors

Ridley

18/12/2023 02:20

Dec 18 (Reuters) - Ridley Corporation Ltd  RIC.AX :
    * ENTERS INTO AGREEMENT TO ACQUIRE OCEANIA MEAT PROCESSORS
    * DEAL FOR NZ$57.0 MILLION
    * ACQUISITION TO BE FULLY FUNDED FROM DEBT FACILITIES AND
EXPECTED
TO BE EPS ACCRETIVE IN FIRST YEAR POST TRANSACTION
    * TRANSACTION COMPLETION IS EXPECTED TO OCCUR ON 28 MARCH
2024

Source text for Eikon:  ID:nASX3q8WV3 
Further company coverage:  RIC.AX 

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