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BRIEF-Skydive Beach Group to acquire GBR Helicopters and GBR Holdings
October 11, 2017 / 12:52 AM / 2 months ago

BRIEF-Skydive Beach Group to acquire GBR Helicopters and GBR Holdings

Oct 11 (Reuters) - Skydive Beach Group Ltd

* ‍Skydive to acquire GBR Helicopters Pty Ltd and GBR Holdings Pty Ltd​

* Skydive will acquire 100% of shares of GBR helicopters for a maximum of A$19.6m​

* Co expects acquisition to be materially earnings accretive on an annualised basis​

* ‍To fund acquisition co undertook an institutional placement to raise A$20 million​ Source text for Eikon: Further company coverage:

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