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BRIEF-Enero Group to acquire Eastwick Communications

Published 30/09/2016, 08:36 am
BRIEF-Enero Group to acquire Eastwick Communications
EGG
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Sept 30 (Reuters) - Enero Group Ltd EGG.AX -

* Acquisition of eastwick communications-egg.ax

* Unit announced acquisition of Eastwick Communications

* Purchase price comprises an initial cash payment of US$5 million

* Acquisition of Eastwick is expected to be accretive to Enero's earnings per share over next 12 months

* Initial payment was funded from Enero's existing cash reserves Source text for Eikon: ID:nASX7tRtcM Further company coverage: EGG.AX

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