March 29, 2017 / 12:23 AM / 4 months ago

BRIEF-Dreamscape Networks Ltd to acquire Net Logistics

1 Min Read

March 29 (Reuters) - Dreamscape Networks Ltd:

* Asx alert-Dreamscape Networks to acquire Net Logistics-DN8.AX

* Signed binding share sale and purchase agreement with owners of Sydney based internet hosting company Net Logistics Pty Ltd

* Dreamscape Networks will acquire Net Logistics for $2.55 million cash

* "Net Logistics is forecast to contribute $2.5 million of bookings and $800,000 of EBITDA in 2018 financial year" Source text for Eikon: Further company coverage:

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