PSI psc insurance group limited
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July 25 (Reuters) - PSC Insurance Group Ltd (PSI) : ENTERED...

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    25/07/19
    10:15
    Post #: 39684061

    July 25 (Reuters) - PSC Insurance Group Ltd (PSI) :

    • ENTERED INTO AN AGREEMENT TO ACQUIRE 100% OF SHARE CAPITAL OF UK BASED PARAGON INTERNATIONAL HOLDINGS LIMITED
    • DEAL FOR £42.0 MILLION
    • ACQUISITION IS EXPECTED TO GENERATE INCREMENTAL ANNUAL EBITDA OF £4.2 MILLION FOR PSC
    • ACQUISITION OF PARAGON WILL APPROXIMATELY DOUBLE EBITDA OF PSC'S UK BUSINESSES
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