AVD avada group limited
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News: AVD Avada Group Enters Binding Agreement To Acquire STA Traffic Management

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    24/08/23
    12:20
    Post #: 69524554

    Aug 24 (Reuters) - Avada Group Ltd (AVD) :

    • ENTERING INTO A BINDING AGREEMENT TO ACQUIRE STA TRAFFIC MANAGEMENT
    • ACQUISITION IS EXPECTED TO BE EARNINGS AND EARNINGS PER SHARE ACCRETIVE
    • COMPLETES A$7.0 MILLION CAPITAL RAISE
    • ACQUISITION CONSIDERATION OF A$8.5 MILLION
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