FSG field solutions holdings limited

News: FSG Field Solutions executes binding heads of agreement

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    July 5 (Reuters) - Field Solutions Holdings Ltd (FSG) :

    • Announces execution of a binding heads of agreement to acquire assets of Australian National Telecom Pty Ltd
    • Initial consideration of $1.3m - $1.5m will be in form of cash and script over 3 years based on performance
    • Acquired business is expected to be accretive to earnings and contribute revenue in excess of $2.4 million in FY18 after synergies
 
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