Jan 19 (Reuters) - AP Eagers Ltd (APE) :
- Acquisition of crampton automotive group (APE)
- Agreed to acquire the automotive retail businesses of the crampton automotive group.
- Says total estimated consideration of $30 million
- AP Eagers expects the businesses will continue to thrive under its decentralised management structure."
- Says the transaction is expected to complete at the end of June 2016
- Consideration will be funded though issue of 1 million ordinary AP Eagers shares to vendors and cash drawn from available funds
- Source text (http://bit.ly/1SZTSnp)
News: APE AP Eagers says acquisition of crampton automotive group
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