XRO 1.29% $149.69 xero limited

March 4 (Reuters) - Xero Ltd (XRO) : TO ACQUIRE WORKFORCE...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    March 4 (Reuters) - Xero Ltd (XRO) :

    • TO ACQUIRE WORKFORCE MANAGEMENT PLATFORM PLANDAY
    • CONSIDERATION FOR ACQUISITION OF PLANDAY IS EUR 183.5 MILLION
    • DEAL, INTEGRATION AND OPERATING COSTS ANTICIPATED TO HAVE MODEST NEGATIVE IMPACT ON FY22 EBITDA
    • ACQUISITION IS EXPECTED TO CONTRIBUTE APPROXIMATELY 3 PERCENTAGE POINTS OF ADDITIONAL OPERATING REVENUE GROWTH FOR XERO IN FY22
    • ABOUT 45% OF UPFRONT CONSIDERATION WILL BE PAYABLE IN SHARES IN CO AND 55% WILL BE SETTLED IN CASH
 
watchlist Created with Sketch. Add XRO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.