UWL uniti group limited
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News: UWL Uniti Group Announces Acquisition Of 1300 Australia & $85 Mln Equity Raising

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    03/12/19
    12:45
    Post #: 41767906

    Dec 3 (Reuters) - Uniti Group Ltd (UWL) :

    • ANNOUNCES ACQUISITION OF 1300 AUSTRALIA & UNDERWRITTEN $85 MILLION EQUITY RAISING
    • CO TO BUY 100% OF 1300 HOLDINGS AND ITS RELATED ENTITIES (EXCLUDING CALLN PTY LTD OPERATING CALLN BUSINESS) FOR $78MLN
    • ACQUISITION SHOULD DELIVER, ON A PRO FORMA BASIS, ABOUT 28% EBITDA PER SHARE ACCRETION IN FY20, INCLUDING CERTAIN COST SAVINGS
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