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BRIEF-Pact Group Holdings ‍announces Asia acquisition and acquisition of ECP Industries
November 14, 2017 / 10:46 PM / a month ago

BRIEF-Pact Group Holdings ‍announces Asia acquisition and acquisition of ECP Industries

Nov 15 (Reuters) - Pact Group Holdings Ltd:

* Announces Asia Acquisition and acquisition of ECP Industries; to be funded via a fully underwritten A$176 million entitlement offer​

* To acquire CSI Asia and GPC Guangzhou for A$142 million​

* Asia acquisition is forecast to generate CY2017 revenue of A$151 million​

* Asia acquisition is forecast to generate CY2017 pro forma EBITDA of A$19.0 million, and pro forma EBIT of A$12.6 million​ Source text for Eikon: Further company coverage:

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