STL stargroup limited
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News: STL Stargroup to acquire 97 ATM machine network from CashmyATM

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    03/06/16
    10:08
    Post #: 17941612

    June 3 (Reuters) - Stargroup Ltd (STL) :

    • Cashmyatm acquisition (STL)
    • Stargroup to expand atm network to 365 machines with acquisition of a 97 atm machine network from cashmyatm
    • Projected EBITA for FY 2017 to increase from $3.3 million to $4.3 million.
    • Acquisition to be funded via a $3 million private placement
    • Consideration for acquisition of a 97 atm machine network from cashmyatm is $4.54 million
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