June 3 (Reuters) - Stargroup Ltd (STL) : Cashmyatm acquisition...

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