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News: XIP Xenith IP Group updates on Watermark acquisition

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    02/11/16
    09:50
    Post #: 20300966

    Nov 2 (Reuters) - Xenith Ip Group Ltd (XIP)

    • Under new transaction structure, purchase consideration has been revised from $19.5 million to a total upfront consideration of $15.5 million
    • "acquisition will be eps accretive (before synergies) on an fy17 underlying basis"
    • Upfront purchase consideration will be $15.5 million
    • Update on watermark acquisition-xip.ax
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