Jan 6 (Reuters) - Latitude Group Holdings Ltd (LFS) :
- INTENDS TO ACQUIRE HUMM'S CONSUMER BUSINESS
- DEAL FOR ABOUT A$335 MILLION
- SEES ANNUALISED COMBINED SYNERGIES, CASH EARNINGS FROM DEAL TO EXCEED A$100 MILLION PRE-TAX IN 2023
- DEAL EXPECTED TO BE DOUBLE DIGIT EPS ACCRETIVE FOR LATITUDE ASSUMING FULL RUN RATE SYNERGIES
- HUMM INTENDS TO UNDERTAKE PRO RATA IN SPECIE DISTRIBUTION OF LATITUDE SCRIP ISSUED TO IT AS PART OF CONSIDERATION
- PROPOSED THAT HUMM GROUP CEO REBECCA JAMES WILL BE INVITED BY LATITUDE TO LEAD COMBINED GROUP'S BNPL BUSINESS
- DEAL FOR A$335 MILLION COMPRISING 150 MILLION LATITUDE SHARES AND A$35 MILLION CASH
News: HUM Latitude Group Holdings Intends To Acquire Humm's Consumer Business
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Last
64.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $317.6M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 65.0¢ | 64.5¢ | $140.3K | 216.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 34538 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 102568 | 14 |
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| HUM (ASX) Chart |