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BRIEF-EBOS Group proposes acquisition of HPS
May 22, 2017 / 9:41 PM / in 6 months

BRIEF-EBOS Group proposes acquisition of HPS

May 23 (Reuters) - Ebos Group Ltd:

* Proposed acquisition of HPS

* Entered into a binding agreement to acquire HPS for a purchase price of A$154 million

* The acquisition will be fully debt financed

* Key management of HPS will continue to operate business under EBOS’ ownership and form part of EBOS group’s institutional healthcare business division

* Acquisition of HPS is expected to increase EBOS group’s underlying EBITDA by at least 5% in fy18 and will be EPS accretive from year 1 Source text for Eikon: Further company coverage:

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