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Nov 29 (Reuters) - Vonex Ltd (VN8) : VONEX ANNOUNCES...

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    29/11/19
    12:25
    Post #: 41707450

    Nov 29 (Reuters) - Vonex Ltd (VN8) :

    • VONEX ANNOUNCES ACQUISITION OF 2SG WHOLESALE
    • VONEX AGREES TO ACQUIRE OPERATIONS AND CUSTOMER BASE OF 2SG WHOLESALE FOR CONSIDERATION OF $2.66 MILLION
    • GROUP ARR EXPECTED TO INCREASE TO MORE THAN $14 MILLION ON COMPLETION OF TRANSACTION
    • TRANSACTION VIEWED AS HIGHLY EARNINGS-ACCRETIVE
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