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News: OTC Otoc Ltd acquires surveying firm

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    30/06/16
    13:32
    Post #: 18160787

    June 30 (Reuters) - Otoc Ltd (OTC) :

    • Otoc acquires NSW surveying firm (OTC)
    • Otoc to acquire Lawrence group pty ltd (Lawrence).
    • Purchase price comprises $3.85 million in cash and $1.0M in Otoc shares
    • Says acquisition is expected to be earnings per share accretive in FY 2017 (excluding amortisation).
    • Deal for up to $5.85 mln
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