CDA 2.72% $11.10 codan limited

Ann: Trading Halt, page-17

  1. 21 Posts.
    lightbulb Created with Sketch. 6
    Can't really say yet that they have been screwed by UK acquisitions. CDA have already purchased a UK communication company in late 2021.

    From the announcement of acquisition (dated 1st Dec 2021),
    Broadcast Wireless Systems:
    "The acquisition will be earnings-per-share accretive from day 1..."

    In the 2022 Annual report, they said ...

    "The business completed the acquisition of Broadcast Wireless Systems (BWS) on 1 December 2021 for a total consideration of $8.4 million inclusive of a $4.8 million earn-out. BWS is exceeding our year one expectations under DTC’s ownership."

 
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