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BRIEF-LandMark White Says Co To Acquire Taylor Byrne

Published 09/10/2018, 05:39 pm
Updated 09/10/2018, 05:40 pm
© Reuters.  BRIEF-LandMark White Says Co To Acquire Taylor Byrne
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Oct 9 (Reuters) - LandMark White Ltd LMW.AX :

* ENTERED INTO AN AGREEMENT UNDER WHICH LMW WILL ACQUIRE 100% OF TAYLOR BYRNE.

* TRANSACTION WILL BRING ADDITIONAL ANNUALISED REVENUE AND EBITDA OF APPROXIMATELY AUD22.7MILLION AND AUD2.3MILLION RESPECTIVELY

* CASH COMPONENT WILL BE FUNDED OUT OF EXISTING CASH RESERVES AND FINANCING FACILITIES

* DEAL FOR $10.3 MILLION

* DEAL EPS ACCRETIVE IN FY19 WITH FULL EFFECTS ANTICIPATED TO BE REALISED IN FY20 OF 1.8 CENTS

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