JYC joyce corporation ltd
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News: JYC Joyce says unit to purchase 51 pct of equity of Lloyds Online Auctions Pty Ltd

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    04/07/16
    20:02
    Post #: 18191023

    July 3 (Reuters) - Joyce Corporation Ltd (JYC) :

    • Says unit Joyce International to purchase 51 per cent of the equity of lloyds online auctions pty ltd
    • Says lloyds business estimates its auction turnover will be A$50 million for the 2017 financial year
    • Acquisition is anticipated to be earnings accretive for Joyce Corp adding estimated A$10 million in revenue to Joyce Corp in FY 2017
    • Source text (http://bit.ly/29o5p0F)

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