MAI mainstream group holdings limited
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News: MAI MainstreamBPO acquires IRESS's super administration business

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    13/07/17
    08:45
    Post #: 25835421

    July 13 (Reuters) - MainstreamBPO Ltd (MAI)

    • Entered into an agreement to acquire a part of IRESS's superannuation administration business
    • Anticipates that transaction will positively impact its FY18 revenue and earnings from expected completion date, with forecast EBIT of $325,000
    • Total cost including purchase price, transition fees, legal fees and funding fees, is about $3.5 million
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