News: AOG Aveo increases its interest in RVG to 73%

April 17 (Reuters) - Aveo Group (AOG) :

• Aveo increases its interest in rvg to 73% (AOG)
• 31% interest in rvg was progressively acquired in March and April 2016 for a

  total consideration of $101 million

• Acquisitions are 1.5% EPS accretive for FY 2017 and FY 2018
• Aveo's forecast underlying EPS growth will now be at least 7.5% for FY 2017

  and FY 2018

• Revised facility limit is $520 million of which drawn debt against this

  facility will be approximately $350 million by 30 June 2016

• Says aveo's forecast underlying EPS growth will now be at least 7.5% for FY

  2017 and FY 2018

• Aveo will fund the acquisitions through a $120 million increase to its

  existing group syndicated facility limit

• Says current pricing terms on the facility will continue to apply

• Source text ID: (http://bit.ly/1S43Fcb)