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A$7.25 -0.1  -1.1%

Last Trade - 4:31am

Mid Cap
Market Cap £501.6m
Enterprise Value £509.6m
Revenue £113.2m
Position in Universe 324th / 1960

BRIEF-Smartgroup Corp says acquisition of Autopia Group

Mon 4th July, 2016 8:16am
July 4 (Reuters) - Smartgroup Corporation Ltd  SIQ.AX : 
 * Acquisition of autopia group  SIQ.AX  
 * It has entered into an agreement to acquire 100% of autopia for $36 million. 
 * Autopia is expected to contribute approximately $2.6 million EBITDA and approximately $1.2 million npata in 2h cy2016 
 * Acquisition is funded by new debt facilities, existing cash reserves, and $250,000 of Smartgroup shares to be issued to management 
 * Source text ( 
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