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BRIEF-UCW announces acquisition of 24.6% of Performance Education Group
March 17, 2017 / 1:28 AM / 5 months ago

BRIEF-UCW announces acquisition of 24.6% of Performance Education Group

March 17 (Reuters) - UCW Ltd:

* Acquisition of 24.6% of Performance Education Group Pty Ltd

* Entered into a binding share sale agreement to acquire 24.6% of ordinary shares in Performance Education Group Pty Ltd

* Agreement to acquire 24.6% of ordinary shares in Performance Education Group Pty Ltd

* Purchase price for deal is $4.7m plus a working capital adjustment

* Consideration will be funded from existing cash reserves and/or capital raising by way of equity issue of around $2mln Source text for Eikon: Further company coverage:

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