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BRIEF-Over The Wire Holdings Ltd enters into agreement to acquire Telarus Pty Ltd

Published 08/12/2016, 05:31 pm
Updated 08/12/2016, 05:40 pm
© Reuters.  BRIEF-Over The Wire Holdings Ltd enters into agreement to acquire Telarus Pty Ltd
OTW
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Dec 8 (Reuters) - Over The Wire Holdings Ltd OTW.AX

* Over the wire holdings ltd - deal for consideration of $7.615 million

* "acquisition is expected to offer attractive ebitda and eps accretion to over wire on a full year basis."

* Entered into a binding agreement to acquire all of shares in telarus pty ltd (telarus)

* Over the wire holdings ltd - "significant synergies are expected to be realised post integration"

* Over the wire holdings ltd - over the wire to acquire telarus-otw.ax Source text for Eikon: ID:nASXbTcwjK Further company coverage: OTW.AX

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