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BRIEF-Gb Group Acquires Vix Verify Global

Published 22/10/2018, 05:23 pm
© Reuters.  BRIEF-Gb Group Acquires Vix Verify Global
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Oct 22 (Reuters) - GB Group PLC GBGP.L :

* GB GROUP PLC - ACQUISITION OF VIX VERIFY GLOBAL

* GB GROUP PLC - PROPOSED DEAL FOR CONSIDERATION CONSISTS OF A$38.3 MILLION

* GB GROUP PLC - ACQUISITION IS FINANCED FROM GROUP FACILITIES.

* GB GROUP PLC - WITH SYNERGIES, TRANSACTION IS EXPECTED TO BE EARNINGS ACCRETIVE IN FIRST 12 MONTHS OF CONSOLIDATED GBG OWNERSHIP

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