KKT 0.00% 28.0¢ konekt limited

News: KKT Konekt to buy 100 percent of Mission Providence for $24 mln

  1. 68,069 Posts.
    lightbulb Created with Sketch. 460

    Aug 11 (Reuters) - Konekt Ltd (KKT) -

    • To buy 100 percent of mission providence for a cash consideration of $24 million
    • Credit approved acquisition facility for $18.3 million with commonwealth bank of australia
    • Placement & rights issue to raise $15.7 million in aggregate
    • On pro forma basis merged business expected to double revenue and ebitda and deliver eps before amortisation of c20% in fy18
 
watchlist Created with Sketch. Add KKT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.