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BRIEF-Vita Group ‍announces conditional agreement to acquire Clear Complexions​
October 17, 2017 / 10:53 PM / a month ago

BRIEF-Vita Group ‍announces conditional agreement to acquire Clear Complexions​

Oct 18 (Reuters) - Vita Group Ltd

* ‍Announced a conditional agreement to acquire Clear Complexions​

* Co to acquire Clear Complexions via asset purchase agreement for A$9.5 million, comprising A$8.5 million in cash and A$1 million in VTG shares​

* ‍Acquired business expected to deliver annual revenue of about $10 million, and EBITDA of over $1 million in year post acquisition​ Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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