SSM service stream limited

Importantly this note"Cost synergies estimated to be ~$17...

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    Importantly this note

    "Cost synergies estimated to be ~$17 million p.a., with ~50% of run-rate synergies expected to be realised within 12 months from Completion, and 100% realisedwithin 24 months from Completion"

    Which means net of costs this deal is worth about $150M value wise in cost savings.

    Or in other words would add around 35% to SSM market cap, depending on how much of the synergies have been paid to Lendlease as part of the acquisition.

    From this pack it is a cracking deal. But market will judge that shortly.
 
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Last trade - 14.29pm 29/07/2025 (20 minute delay) ?
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