April 1 (Reuters) - Codan Ltd (CDA) :
- ACQUISITION ANNOUNCEMENT-CDA.AX
- CODAN TO ACQUIRE ZETRON, INC.
- ACQUISITION COMPRISES AN UPFRONT CASH PAYMENT OF USD45 MILLION
- UPFRONT CASH PAYMENT WILL BE FUNDED THROUGH A COMBINATION OF EXISTING CASH AND A RECENTLY APPROVED BANKING FACILITY OF AUD100 MILLION
- ACQUISITION IS ON A CASH FREE, DEBT FREE BASIS
- ZETRON TO CONTRIBUTE ABOUT A$67 MILLION OF SALES AND A$8 MILLION IN EBITDA UNDER CO'S OWNERSHIP IN FY22 AND THEREFORE IT WILL BE EPS ACCRETIVE
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Last
$31.01 |
Change
-0.070(0.23%) |
Mkt cap ! $5.639B | |||
| Open | High | Low | Value | Volume |
| $31.37 | $31.66 | $30.80 | $13.66M | 439.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1313 | $30.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.05 | 624 | 4 |
View Market Depth
| Last trade - 16.10pm 09/09/2025 (20 minute delay) ? |
| CDA (ASX) Chart |