Brief: Superloop Says It Entered Conditional Sale And Purchase Agreement To Acquire Acurus Holdings

Superloop

25/05/2022 02:23

May 25 (Reuters) - Superloop Ltd  SLC.AX :
    * ENTERED CONDITIONAL SALE AND PURCHASE AGREEMENT TO ACQUIRE
ACURUS HOLDINGS
    * DEAL FOR CONSIDERATION FOR ACQUISITION IS AU$15 MILLION
    * ACQUISITION OF ACURUS IS EXPECTED TO BE IMMEDIATELY
ACCRETIVE TO
SUPERLOOP IN FY 23
    * ACQUISITION WILL BE FUNDED FROM SUPERLOOP'S EXISTING CASH
RESERVES AND PLACEMENT CAPACITY

Source text for Eikon:  ID:nASX6D0CPM 
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 ((Reuters.Briefs@thomsonreuters.com;))