Edition:
India

Amdocs Enters Partnership For Purchase Of Land For Future Campus In Israel


Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Amdocs Ltd ::AMDOCS ENTERS PARTNERSHIP FOR THE PURCHASE OF THE LAND FOR ITS FUTURE CAMPUS IN ISRAEL.AMDOCS LTD - AMDOCS BELIEVES ITS DECISION TO BUILD A NEW CAMPUS WILL BE ACCRETIVE TO DILUTED EARNINGS PER SHARE OVER LONG TERM.AMDOCS - TOTAL NET INVESTMENT CO EXPECTS TO MAKE FOR PURCHASE OF LAND AND CONSTRUCTION OF NEW CAMPUS IN ISRAEL EXPECTED TO REACH UP TO $350 MILLION.AMDOCS - TOTAL NET INVESTMENT RELATING TO PURCHASE OF LAND FOR ITS FUTURE CAMPUS IN ISRAEL EXPECTED TO BE FINANCED BY INTERNAL CASH RESOURCES. 

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