Brief: Sustainable Nutrition Says It Will Acquire Australian Superfood Company
Dec 17 (Reuters) - Sustainable Nutrition Group Ltd TSN.AX :
* TSN TO ACQUIRE AUSTRALIAN SUPERFOOD COMPANY FOR A$3.0
MILLION
* ACQUISITION AND GROWTH CAPITAL FUNDED BY A$4.7 MILLION
INSTITUTIONAL PLACEMENT AT A$0.20 PER SHARE
* DEAL WILL BE EBITDA ACCRETIVE IN FY22 AND FY23
Source text for Eikon: ID:nASXbFH309
Further company coverage: TSN.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Sustainable Nutrition
See all newsBrief: Sustainable Nutrition Group Posts FY23 Unaudited Sales Of A$3.61 Mln
Brief: Elixinol Wellness Says Court Approved Issue Of Scheme Booklet
Brief: Elixinol Wellness Says Loan Facility To TSN's Operating Unit Increased From A$2.0M To A$2.4M
Brief: Elixinol Wellness And Sustainable Nutrition Group Agree Not To Proceed With Option Scheme
Brief: Sustainable Nutrition Group Posts Q2 Revenue Of A$1.01 Mln