Dec 12 (Reuters) - Propel Funeral Partners Ltd (PFP) :
- TO BUY DILS FUNERAL SERVICES, SCHNAPPER ROCK CREMATIONS, ROWLEY FUNERAL SERVICES, MARTIN WILLIAMS FUNERAL DIRECTORS
- TOTAL PURCHASE PRICE PAYABLE ON COMPLETION INCLUDES ABOUT NZ$17.1 MILLION IN CASH
- TOTAL PURCHASE PRICE INCLUDES 1.2 MILLION ORDINARY SHARES IN CAPITAL OF PROPEL TO BE ISSUED AT A$2.64 EACH
- ACQUISITIONS ARE EXPECTED TO INCREASE PROPEL'S ANNUAL REVENUE BY ABOUT 7%
- ALSO UP TO NZ$1.25 MILLION IN CASH WILL BE PAYABLE IF CERTAIN FINANCIAL MILESTONES ARE ACHIEVED DURING 3YRS FOLLOWING COMPLETION
- PROPOSED ACQUISITIONS ARE EXPECTED TO BE EARNINGS ACCRETIVE IN YEAR ONE
- PROPEL WILL ALSO LEASE AN OFFICE SITUATED AT MANGERE LAWN CEMETERY IN AUCKLAND, FROM A THIRD PARTY LANDLORD
Source text (http//reut.rs/2Bbgkq9)
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News: PFP Propel Funeral Partners To Buy Certain Funeral Homes and Cremation Services
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Last
$4.70 |
Change
-0.120(2.49%) |
Mkt cap ! $648.4M | |||
| Open | High | Low | Value | Volume |
| $4.82 | $4.82 | $4.70 | $373.6K | 78.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 305 | $4.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.85 | 12501 | 2 |
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| PFP (ASX) Chart |