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BRIEF-JB Hi Fi comments on speculation in press that co may be considering acquisition of The Good Guys

Published 19/05/2016, 09:26 am
© Reuters.  BRIEF-JB Hi Fi comments on speculation in press that co may be considering acquisition of The Good Guys
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May 19 (Reuters) - JB Hi-Fi Ltd JBH.AX :

* Notes speculation in the press today that JB Hi Fi may be considering an acquisition of the good guys.

* Confirms that it is in preliminary discussions with the good guys in relation to a proposed sale of the good guys

* Discussions between JB Hi Fi and the good guys are preliminary and exploratory in nature

* JB Hi Fi has made no decision and nor has it entered into any agreement with respect to the acquisition of the Good Guys

* "Would only pursue an acquisition if it made compelling financial sense for our shareholders"

* Says Good Guys are looking at a range of options including an IPO on the asx.

* Source text for Eikon ID:nASX3C914Z

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