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News: PYG PayGroup Says Executed Term Sheet To Acquire Astute One Ltd

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    29/08/19
    11:45
    Post #: 40216492

    Aug 29 (Reuters) - PayGroup Ltd (PYG) :

    • EXECUTED TERM SHEET TO ACQUIRE SAAS HUMAN CAPITAL MANAGEMENT BUSINESS, ASTUTE ONE LIMITED
    • DEAL FOR CONSIDERATION OF $11M PAYABLE IN PAYGROUP SHARES
    • DEAL ANTICIPATED TO BE EPS ACCRETIVE IN FY20, WITH OPPORTUNITY FOR MATERIAL REVENUE SYNERGIES FROM FY21
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