News: MTS Metcash Announces Strategic Acquisitions And Equity Raising

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    Feb 5 (Reuters) - Metcash Ltd (MTS) :

    • STRATEGIC ACQUISITIONS AND EQUITY RAISING
    • ENTERED INTO BINDING AGREEMENTS TO ACQUIRE THREE STRATEGICALLY ALIGNED BUSINESSES
    • ACQUISITION OF SUPERIOR FOOD
    • ACQUISITIONS EXPECTED TO BE ACCRETIVE TO METCASH’S MARGINS
    • METCASH LTD - UNDER DEAL, TOTAL POTENTIAL ENTERPRISE VALUE OF UP TO A$412.3M
    • OFFER FUNDED VIA FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT OF A$300M, EXISTING CASH AND AVAILABLE DEBT FACILITIES
    • ACQUISITION EXPECTED TO BE MID-SINGLE DIGIT EPS ACCRETIVE ON A PRO-FORMA OCT-23 LTM BASIS INCLUDING SYNERGIES
    • A NON-UNDERWRITTEN SHARE PURCHASE PLAN OF UP TO A$25M IS MADE AVAILABLE
    • EXPECTED ANNUALISED SYNERGIES OF ACQUISTIONS A$19M
 
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Last
$4.13
Change
0.020(0.49%)
Mkt cap ! $4.538B
Open High Low Value Volume
$4.14 $4.15 $4.10 $10.54M 2.553M

Buyers (Bids)

No. Vol. Price($)
3 26517 $4.12
 

Sellers (Offers)

Price($) Vol. No.
$4.15 24267 3
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