July 13, 2017 / 1:28 PM / 4 months ago

BRIEF-India's Pricol to buy wiping systems business of PMP Auto Components

July 13 (Reuters) - Pricol Ltd

* Says to acquire 100% of wiping systems business of Ashok Piramal Group’s PMP Auto Components Pvt. Ltd

* Says deal to be funded by combination of internal accruals, external debt

* Deal would be EPS accretive to shareholders of Pricol, profitability expected to further improve upon integration of business with Pricol

* Expects to realise substantial synergies within the first couple of years Source text - (reut.rs/2uV9elW) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below