MTO motorcycle holdings limited

News: MTO Motorcycle Holdings says co to acquire motorcycle trading operations of Evolution...

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    Feb 21 (Reuters) - Motorcycle Holdings Ltd (MTO)

    • is to acquire motorcycle trading operations of evolution motorcycles, located in Epping in Victoria, and action motorcycles, on gold coast in Queensland.
    • Is to expand its operations into victoria through acquisition of its first dealership in state
    • " both acquisitions are to be funded from cash reserves and are expected to be earnings accretive upon settlement."
    • Acquired a substantial, successful dealership in action motorcycles on Gold Coast
 
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Last
$3.45
Change
0.030(0.88%)
Mkt cap ! $254.6M
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