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0.00% $2.80 mainstream group holdings limited

News: MAI MainstreamBPO to acquire Fundadministration Inc

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    23/08/16
    10:04
    Post #: 18601185

    Aug 22 (Reuters) - MainstreamBPO Ltd (MAI) :

    • Acquisition (MAI)
    • Says material increase in expected FY 2017 revenue
    • Says to acquire New York based hedge fund administrator fundadministration
    • Says "transaction to be earnings accretive"
    • Acquisition expected to increase the group's fua by 7% to $94 billion"
    • Consideration will be funded from a combination of cash and equity
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    lightbulb Created with Sketch.  Great analysis
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