Brief: Vysarn Announces Acquisition Of Newground
03/06/2026 02:17
BRIEF-Vysarn Announces Acquisition Of Newground June 3 (Reuters) - Vysarn Ltd VYS.AX:
ACQUISITION OF NEWGROUND
UPFRONT PAYMENT OF A$8.33 MILLION CASH AND 28.6 MILLION SHARES, TOTALING A$30 MILLION
TO BUY 100% OF NEWGROUND FOR UP TO 33 MILLION SHARES AND A$25 MILLION CASH
ACQUISITION ANTICIPATED TO BE ABOUT 25% EPS ACCRETIVE TO VYSARN SHAREHOLDERS PRO FORMA
Further company coverage: VYS.AX
((Reuters.Briefs@thomsonreuters.com;))
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