SDF steadfast group limited

Mr Kelly then spoke re the Coverforce acquisition.Mr Jim Angelis...

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    Mr Kelly then spoke re the Coverforce acquisition.

    Mr Jim Angelis will play a key role within the amalgamated SDF/Coverforce. (Good).

    SDF may not have had 'inside running' but over the years, Coverforce had extensively used SDF platforms.

    It is an established brand with a good reputation and is capital-light.

    A strong and powerful acquisition. With synergies, being acquired at 11X earnings multiple.

    The SDF Trapped Capital program will be able to continue.






 
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