Brief: Value8 buys 60 pct stake in Kersten

Value8 NV

18/12/2014 07:18

Dec 18 (Reuters) - Value8 NV  VALU8.AS : 
    * Acquires majority stake in Kersten 
    * Acquires 60 percent stake in Kersten 
    * Expects acquisition to have a clear positive effect on 
their earnings per share 
    * Acquisition will be completely financed out of available 
cash of Value8 and existing credit facilities 
    * Expects a rise in revenue of Value8 of 30 percent as an 
effect of this acquisition 
    * Acquisition will be finalized in coming weeks 
 
Source text: http://bit.ly/13BhER9 
Further company coverage:  VALU8.AS  
 
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Keywords: VALUE8/BRIEF