May 17 (Reuters) - Rungepincockminarco Ltd (RUL) :
- Acquisition by rpm of isolutions (RUL)
- Transaction is funded by an upfront payment on completion of $8 million from cash reserves
- Says entered into an agreement to acquire 100% of the issued share capital of Isolutions
- Rpm will also issue 9.2 million shares in rpm to the outgoing shareholders of Isolutions
- Says acquisition of isolutions is expected to be accretive earning per share in 2017
- Expects acquisition to provide EBITDA in the 2017 financial year of $4.8 million after realising synergies of about $1.8 million
News: RUL Rungepincockminarco Ltd announces acquisition of Isolutions
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Last
$3.22 |
Change
-0.060(1.83%) |
Mkt cap ! $710.7M | |||
| Open | High | Low | Value | Volume |
| $3.28 | $3.28 | $3.22 | $290.7K | 89.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $3.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 9240 | 3 |
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| RUL (ASX) Chart |