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News: TNT Tesserent Announces Strategic Acquisition Of Pearson CorpAnd Claricent

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    07/12/21
    12:25
    Post #: 58127096

    Dec 7 (Reuters) - Tesserent Ltd (TNT) :

    • STRATEGIC ACQUISITION OF PEARSON CORPORATION PTY LTD AND CLARICENT PTY LTD
    • COMBINED ACQUISITIONS DELIVERING FY22 UNAUDITED A$24.3M REVENUE AND A$5.6M SUSTAINABLE EBITDA
    • ACQUISITION IS IMMEDIATELY EARNINGS, CASH FLOW AND EPS ACCRETIVE
    • CONSIDERATION FOR ACQUISITION WILL BE A MIX OF CASH AND TNT SHARES
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