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16 days ago
BRIEF-Field Solutions executes binding heads of agreement
July 5, 2017 / 5:19 AM / 16 days ago

BRIEF-Field Solutions executes binding heads of agreement

1 Min Read

July 5 (Reuters) - Field Solutions Holdings Ltd:

* ‍Announces execution of a binding heads of agreement to acquire assets of Australian National Telecom Pty Ltd​

* Initial consideration of $1.3m - $1.5m will be in form of cash and script over 3 years based on performance

* Acquired business is expected to be accretive to earnings and contribute revenue in excess of $2.4 million in FY18 after synergies Source text for Eikon: Further company coverage:

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