SLH silk logistics holdings limited
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News: SLH Silk Logistics Says Enters Into Binding Agreement To Acquire Fremantle Freight & Storage

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    22/07/22
    18:10
    Post #: 62682103

    July 22 (Reuters) - Silk Logistics (SLH) :

    • SILK ENTERS INTO BINDING AGREEMENT TO ACQUIRE FREMANTLE FREIGHT & STORAGE GROUP
    • EXPECTED TO BE EARNINGS PER SHARE ACCRETIVE IN FIRST FULL YEAR OF OWNERSHIP
    • DEAL EXPECTED TO CONTRIBUTE POSITIVELY TO SILK'S GROUP EARNINGS IMMEDIATELY, BE EPS ACCRETIVE FROM FIRST YEAR OF OWNERSHIP
    • ACQUISITION PRICE CONSISTS OF A$23.6 MILLION PAYABLE UPFRONT
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