Brief: Tesserent Announces Strategic Acquisition Of Pearson CorpAnd Claricent

Tesserent

07/12/2021 01:22

Dec 7 (Reuters) - Tesserent Ltd  TNT.AX :
    * STRATEGIC ACQUISITION OF PEARSON CORPORATION PTY LTD AND
CLARICENT PTY LTD
    * COMBINED ACQUISITIONS DELIVERING FY22 UNAUDITED A$24.3M
REVENUE
AND A$5.6M SUSTAINABLE EBITDA
    * ACQUISITION IS IMMEDIATELY EARNINGS, CASH FLOW AND EPS
ACCRETIVE
    * CONSIDERATION FOR ACQUISITION WILL BE A MIX OF CASH AND
TNT
SHARES

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