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0.00% $94.73 blackmores limited

Oct 25 (Reuters) - Blackmores Ltd (BKL) : ANNOUNCES COMPLETION...

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    25/10/19
    18:45
    Post #: 41073173

    Oct 25 (Reuters) - Blackmores Ltd (BKL) :

    • ANNOUNCES COMPLETION OF ACQUISITION OF BRAESIDE MANUFACTURING FACILITY
    • FINAL ACQUISITION COST INCLUDES COMPLETION PAYMENT OF $33 MILLION AND CAPITAL PAYMENT OF ABOUT $20 MILLION EXPECTED TO BE PAID IN EARLY 2020,
    • BRAESIDE MANUFACTURING FACILITY WILL BE FULLY OPERATIONAL FROM MONDAY MORNING
    • BRAESIDE MANUFACTURING FACILITY WILL SUPPLY APPROXIMATELY HALF OF GROUP'S TABLET AND CAPSULE REQUIREMENTS
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