The business they are purchasing (EDS) is a smallish division of Ericcson NZ and would have little or no impact on the results of the parent company. I have tried without success to gain access to the stand alone figures for EDS. We will just have to take TNY's word that it is a very good business. And as Grant has said with the management involved (ex-TLS and ex-Ericcson) you would hope they know what they're talking about.
Ed.
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