Dec 22 (Reuters) - Charter Hall Group (CHC) :
- ANNOUNCE A NEW STRATEGIC PARTNERSHIP COMPRISING A 50% INTEREST INVESTMENT IN PARADICE INVESTMENT MANAGEMENT
- PARTNERSHIP IS EXPECTED TO BE ACCRETIVE IN FIRST FULL YEAR OF EARNINGS
- ACQUISITION PRICE FOR A 50% INVESTMENT IS A$207 MILLION
- ALSO HAS OPTION TO ACQUIRE REMAINING 50% OF PIM AT COMMENCEMENT OF FY25 BASED ON CERTAIN CONFIDENTIAL CONDITIONS
- RE-AFFIRMS EARNINGS GUIDANCE FOR FY22 OPERATING EARNINGS PER SECURITY OF NO LESS THAN 105 AU CENTS PER SECURITY
News: CHC Charter Hall Group Announces Strategic Partnership For 50% Investment In Paradice...
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$20.21 |
Change
0.350(1.76%) |
Mkt cap ! $9.559B | |||
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