Aug 2 (Reuters) - Codan Ltd (CDA) : CODAN EXPANDS ITS ZETRON...

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    Aug 2 (Reuters) - Codan Ltd (CDA) :

    • CODAN EXPANDS ITS ZETRON COMMUNICATIONS BUSINESS INTO UNITED KINGDOM, EUROPE AND MIDDLE EAST THROUGH ACQUISITION OF EAGLE
    • ENTERED INTO A BINDING AGREEMENT AND HAS COMPLETED ACQUISITION OF 100% OF EAGLE NEWCO LIMITED
    • EXPECTS TO SPEND A FURTHER A$3 MILLION IN SET UP AND IN INTEGRATION COSTS OVER NEXT 12 MONTHS
    • EAGLE IS EXPECTED TO CONTRIBUTE MARGINALLY TO CODAN'S FY24 PROFITABILITY
    • ACQUISITION HAS COMPLETED & COMPRISES TOTAL ACQUISITION CONSIDERATION OF A$22 MILLION, WHICH WAS FUNDED BY CO'S EXISTING DEBT FACILITY
    • IN YEAR 2 EAGLE BUSINESS WILL BE EARNINGS‐PER‐SHARE ACCRETIVE FOR CODAN
 
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(20min delay)
Last
$19.70
Change
-0.280(1.40%)
Mkt cap ! $3.576B
Open High Low Value Volume
$20.12 $20.14 $19.57 $5.455M 274.0K

Buyers (Bids)

No. Vol. Price($)
1 1382 $19.58
 

Sellers (Offers)

Price($) Vol. No.
$19.72 2459 2
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Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
CDA (ASX) Chart
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