Brief: Team Says Conditionally Agreed To Acquire Entire Issued Share Capital Of Thornton Associates for £2.5 Million

Team

01/06/2023 07:32

June 1 (Reuters) - Team PLC  TEAMT.L :
    * TEAM PLC  - ACQUISITION
    * TEAM PLC - CONDITIONALLY AGREED TO ACQUIRE ENTIRE ISSUED
SHARE
CAPITAL OF THORNTON ASSOCIATES LIMITED, FOR A CONSIDERATION OF
UP TO £2.5 MILLION
    * TEAM PLC - ON COMPLETION OF ACQUISITIONS OF BOTH THORNTON
AND
GLOBALEYE, TEAM EXPECTS TO HAVE ASSETS UNDER MANAGEMENT AND
ADVICE OF OVER £850 MILLION
    * TEAM PLC - ACQUISITION IS EXPECTED TO BE EARNINGS
ENHANCING IN
FIRST YEAR OF OWNERSHIP

Source text for Eikon:  urn:newsml:reuters.com:*:nRSA2488Ba
Further company coverage:  TEAMT.L 

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