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BRIEF-Dreamscape Networks says acquired Vodien and reaffirms earnings forecast
June 22, 2017 / 1:58 AM / 2 months ago

BRIEF-Dreamscape Networks says acquired Vodien and reaffirms earnings forecast

June 22 (Reuters) - Dreamscape Networks Ltd:

* Asx alert-DN8 acquires Vodien and reaffirms earnings forecast-DN8.AX

* Re‐affirm earnings guidance for FY 2017 as set out in company's prospectus dated 3 November 2016

* Entered into binding terms sheet to acquire "Vodien group" for a total consideration of SGD 31.16 million

* Deal immediately EPS accretive, pre‐synergies, from first full year of ownership and immediately accretive to cash flow Source text for Eikon: Further company coverage:

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