News: BAP Burson group enters into binding agreements to acquire two specialist wholesale businesses

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    July 27 (Reuters) - Bapcor Ltd (BAP) :

    • Entered into binding agreements to acquire two specialist wholesale businesses, Baxters Auto Electrical And Roadsafe Automotive Products
    • Bapcor's total investment in the acquisitions is estimated to be a minimum of $22 million, based on FY 2016 earnings
    • Earnings from these businesses are expected to be included for eleven months of the FY 2017 financial year
    • The acquired businesses will be earnings per share positive from completion

 
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