Oct 1 (Reuters) - Ama Group Ltd (AMA) :
- ANNOUNCES ACQUISITION OF SUNCORP'S CAPITAL S.M.A.R.T & ACM PARTS BUSINESSES
- EXPECTS ANNUAL SYNERGIES OF APPROXIMATELY $17 MILLION PER ANNUM WHICH ARE EXPECTED TO BE FULLY IMPLEMENTED BY END OF FY21
- TRANSACTION IS EXPECTED TO DELIVER DOUBLE-DIGIT EPS ACCRETION IN FIRST FULL-YEAR OF OWNERSHIP (FY21) ON A PRO-FORMA BASIS
- ONE-OFF SYNERGY IMPLEMENTATION COSTS ARE ESTIMATED TO BE ABOUT $15 MILLION FROM DEAL
- SUNCORP HAS ENTERED A 25 YEAR PLUS SERVICE AGREEMENT COMPRISING A 15.5 YEAR INITIAL TERM AND TWO 5 YEAR RENEWAL OPTIONS
- ANNOUNCES $216 MILLION EQUITY RAISING
- UNDER SERVICE AGREEMENT, CAPITAL S.M.A.R.T REMAINS SUNCORP'S "RECOMMENDED REPAIRER"
- TRANSACTION WILL BE FUNDED THROUGH A FULLY UNDERWRITTEN $216 MILLION EQUITY RAISING AND NEW DEBT FACILITIES
- EQUITY RAISING WILL COMPRISE A 1 FOR 4.5 PRO-RATA ACCELERATED NON- RENOUNCEABLE ENTITLEMENT OFFER TO RAISE ABOUT $139M
- EQUITY RAISING ALSO COMPRISES A PLACEMENT OF APPROXIMATELY 67M SHARES TO RAISE $77M
News: SUN AMA Group Announces Acquisition Of Suncorp's Capital S.M.A.R.T & ACM Parts Businesses
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$21.18 |
Change
0.130(0.62%) |
Mkt cap ! $22.93B | |||
| Open | High | Low | Value | Volume |
| $21.28 | $21.43 | $21.15 | $24.02M | 1.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10823 | $21.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.20 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| SUN (ASX) Chart |