Brief: RPM Automotive Entered Into A Binding Agreement To Acquire Safety Products Business

Rpm Automotive

20/12/2021 24:08

Dec 20 (Reuters) - RPM Automotive Group Ltd  RPM.AX :
    * RPM AUTOMOTIVE GROUP LTD -  ENTERED INTO A BINDING
AGREEMENT TO
ACQUIRE SAFETY PRODUCTS BUSINESS, SAFETY DAVE
    * RPM AUTOMOTIVE GROUP LTD -  CONSIDERATION OF A$9.5 MILLION
    * RPM AUTOMOTIVE GROUP LTD -  SAFETY DAVE IS EXPECTED TO ADD
ANNUALISED REVENUE OF CIRCA A$10 MILLION
    * RPM AUTOMOTIVE GROUP LTD -  ADDITION OF SAFETY DAVE IS
EXPECTED
TO BE IMMEDIATELY VALUE AND EARNINGS PER SHARE ACCRETIVE

Source text for Eikon:  ID:nASX8DppLV 
Further company coverage:  RPM.AX 

 (Reuters.briefs@thomsonreuters.com)