Sept 13 (Reuters) - United Networks Ltd UNL.AX :
* UNL ACQUIRES BROADLAND SOLUTIONS GROUP FOR VIA A SCRIPT OFFER
* DEAL FOR A CONSIDERATION OF 266.6 MILLION UNL SHARES
* COMBINED GROUP WILL HAVE PRO FORMA REVENUE OF $17.6M BASED ON FY2019 RESULTS AND WILL BE EBITDA POSITIVE
* SYNERGIES FROM MERGING BUSINESS WILL BE REALISED IN FY20
* ACQUISITION WILL INCREASE BOTH REVENUE AND PROFITABILITY OF UNL
* POST-TRANSACTION CASH ON HAND IS EXPECTED TO INCREASE TO OVER $2 MILLION
* ENTERED INTO A BINDING AGREEMENT TO ACQUIRE 100% OF BROADLAND GROUP
* ON SUCCESSFUL COMPLETION OF DEAL, VICTOR TSACCOUNIS FROM BROADLAND WILL BECOME CEO OF UNL AND WILL JOIN BOARD