Brief: Wajax Announces Acquisition Of Groupe Delom Inc.

Wajax

16/10/2018 19:16

Oct 16 (Reuters) - Wajax Corp  WJX.TO :
    * WAJAX ANNOUNCES ACQUISITION OF GROUPE DELOM INC.
    * WAJAX CORP - AGGREGATE PURCHASE PRICE FOR SHARES WAS $51.8
MILLION
    * WAJAX CORP - ACQUISITION EXPECTED TO BE IMMEDIATELY
ACCRETIVE IN
ANTICIPATED RANGE OF $0.10 - $0.15 FOR 2019, ON EARNINGS PER
SHARE BASIS
    * WAJAX CORP - ALSO ANNOUNCED AMENDMENTS TO ITS SENIOR
SECURED
CREDIT FACILITIES
    * WAJAX CORP - UNDER AMENDMENTS, COMMITMENTS OF LENDERS
UNDER
FACILITIES HAVE BEEN INCREASED TO $400 MILLION, AND MATURITY
DATE EXTENDED FROM 2021 TO 2023

Source text for Eikon:  urn:newsml:reuters.com:*:nCNWGbdzZa
Further company coverage:  WJX.TO 

 ((Reuters.Briefs@thomsonreuters.com;))