funny thing is cog isnt even paying a premium for classic funding the company cml just purchased as the purchase isnt built into the cml price yet.
this is what they say
the acquisition of classical funding will quintuple CML’s invoice discounting funds and is set to add 40 clients and more than $400 million of annual invoice turnover compared to CML’s existing loan book of $6 million, a portfolio of 7 clients and around $100 million in turnover.
https://*********.com.au/cml-group-acquire-industry-peer-classic-funding-group/
cog are getting this for free
Ann: Consolidated Operations Group and CML Group-Merger of Equals, page-116
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