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BRIEF-Dreamscape Networks says acquired Vodien and reaffirms earnings forecast

Published 22/06/2017, 11:55 am
BRIEF-Dreamscape Networks says acquired Vodien and reaffirms earnings forecast
DN8
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June 22 (Reuters) - Dreamscape Networks Ltd DN8.AX :

* Asx alert-DN8 acquires Vodien and reaffirms earnings forecast-DN8.AX

* Reaffirm earnings guidance for FY 2017 as set out in company's prospectus dated 3 November 2016

* Entered into binding terms sheet to acquire "Vodien group" for a total consideration of SGD 31.16 million

* Deal immediately EPS accretive, presynergies, from first full year of ownership and immediately accretive to cash flow Source text for Eikon: ID:nASX3v997h Further company coverage: DN8.AX

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