Dec 6 (Reuters) - Cardno Ltd (CDD) :
- CARDNO ANNOUNCES ACQUISITION OF TGM GROUP PTY LTD
- ON COMPLETION OF TRANSACTION, CARDNO WILL PAY UP TO AUD $21.6 MILLION IN CASH FOR PURCHASE OF TGM
- TGM IS EXPECTED TO CONTRIBUTE APPROXIMATELY AUD $23 MILLION IN REVENUE OVER NEXT TWELVE MONTHS
- ACQUISITION WILL BE IMMEDIATELY EARNINGS PER SHARE ACCRETIVE
- TGM WILL BECOME PART OF CARDNO'S BUSINESS AND WILL BE BRANDED CARDNO TGM
Source text: bit.ly/2QELWOW
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News: CDD Cardno Announces Acquisition Of TGM Group Pty Ltd
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