Aug 2 (Reuters) - Hexatronic Group AB HTRO.ST : STRENGTHENS...

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    Aug 2 (Reuters) - Hexatronic Group AB HTRO.ST :

    • STRENGTHENS AUSTRALIAN MARKET PRESENCE THROUGH ACQUISITION OF TWO LEADING TELECOM BUSINESSES
    • ACQUIRING 100% OF SHARES OF OPTICAL SOLUTIONS AUSTRALIA GROUP PTY LTD ("OSA") AS WELL AS 100% OF SHARES OF FIBRE OPTIC SHOP PTY
    • COMBINED ENTERPRISE VALUE FOR TWO BUSINESSES AMOUNTS TO 47.4 MAUD
    • FOR BOTH TRANSACTIONS, FIXED PURCHASE PRICE IS PAID PARTLY IN CASH AND PARTLY THROUGH NEWLY ISSUED SHARES
    • ACQUIRED BUSINESSES ARE EXPECTED TO HAVE AN AGGREGATED EBITDA OF 7.3 MAUD IN 2021

 
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