Brief: Sonic Healthcare Announces Acquisition Of Medical Laboratories Duesseldorf Germany

Sonic Healthcare

26/04/2023 01:22

April 26 (Reuters) - Sonic Healthcare Ltd  SHL.AX :
    * ACQUISITION OF MEDICAL LABORATORIES DUESSELDORF GERMANY
    * SIGNED BINDING AGREEMENTS TO ACQUIRE MEDICAL LABORATORIES
DUESSELDORF
    * MLD IS EXPECTED TO GENERATE REVENUES OF APPROX. EUR 50
MILLION
IN FY2024
    * PURCHASE PRICE OF EUR 180 MILLION (CASH AND DEBT FREE)
WILL BE
FUNDED IN EURO FROM SONIC'S EXISTING CASH AND DEBT FACILITIES
    * TRANSACTION EXPECTED TO OCCUR BEFORE END OF 2023 CALENDAR
YEAR
    * TRANSACTION IS IMMEDIATELY EARNINGS PER SHARE ACCRETIVE

Source text for Eikon:  ID:nASX5WzSHB 
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