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News: PEP Pepper Group signs share and purchase agreement

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    20/07/17
    09:45
    Post #: 25974000

    July 20 (Reuters) - Pepper Group Ltd (PEP) :

    • Signs share and purchase agreement to acquire 100pct Portuguese consumer finance bank, Banco Primus S.A Lisbon for A$95 million
    • Transaction will be funded by a mixture of senior debt and equity
    • Management expects the transaction to be EPS accretive in the first full year of ownership
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