EPW erm power limited
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March 8 (Reuters) - ERM Power Ltd (EPW) : Erm Power acquires...

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    08/03/16
    08:57
    Post #: 17213053

    March 8 (Reuters) - ERM Power Ltd (EPW) :

    • Erm Power acquires lighting efficiency company lumaled (EPW)
    • Deal will be earnings accretive from FY 2017, its first full year of operations within ERM Power
    • The acquisition cost of $3.5M, plus a payment of up to $1.5M which is contingent on first-year earnings, is funded out of cash
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