Edition:
India

Halma Announces Acquisition Of Navtech Radar For 21 Mln Stg


Friday, 16 Nov 2018 

Nov 16 (Reuters) - Halma PLC ::ACQUISITION.ANNOUNCES ACQUISITION OF NAVTECH RADAR LTD.INITIAL CASH CONSIDERATION IS £21 MILLION ON A CASH- AND DEBT-FREE BASIS, FUNDED FROM HALMA'S EXISTING FACILITIES.NAVTECH'S REVENUE IN YEAR TO 31 MARCH 2018 WAS £6.2 MILLION AND ACQUISITION IS EXPECTED TO BE IMMEDIATELY EARNINGS ENHANCING. 

Company Quote

1961.0
-11.5 -0.58%
7:33pm IST