Oct 19 (Reuters) - Af Legal Group Ltd (AFL) :
- EXECUTED A SHARE SALE DEED TO ACQUIRE 100% OF ISSUED SHARE CAPITAL OF GTC LEGAL GROUP
- TRANSACTION IS MATERIALLY EARNINGS & VALUE ACCRETIVE ON PROFORMA FY22 BASIS BEFORE SYNERGIES
- CONSIDERATION TO BE PAID TO VENDORS OF GTC ESTIMATED TO BE 49.7 MILLION AFL SHARES ASSUMING BALANCE OF GTC'S NET DEBT IS A$10 MILLION AT COMPLETION
- AT COMPLETION TOTAL OWNERSHIP OF AFL HELD BY GTC'S EXISTING SHAREHOLDERS IS ESTIMATED TO BE 39%
- PROPOSED MERGER IS 40% EBITA PER SHARE ACCRETIVE (PRE SYNERGIES) FOR AFL SHAREHOLDERS
News: AFL Af Legal Executes Share Sale Deed To Buy GTC Legal Group
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