BRIEF-Generation Development Group Announces Acquisition Of Evidentia Group And Equity Raising

Reuters
10 Feb
BRIEF-Generation Development Group Announces Acquisition Of Evidentia Group And Equity Raising

Feb 10 (Reuters) - Generation Development Group Ltd GDG.AX:

  • ACQUISITION OF EVIDENTIA GROUP HOLDINGS AND EQUITY RAISING

  • DEAL FOR A$320M UP-FRONT CONSIDERATION

  • ACQUISITION EXPECTED TO BE LOW DOUBLE-DIGIT EPS ACCRETIVE IN FIRST FY OF OWNERSHIP

Further company coverage: GDG.AX

((Reuters.Briefs@thomsonreuters.com;;))

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