REH 2.63% $25.02 reece limited

Ann: Acquisition - Heatcraft New Zealand, page-2

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  1. 7,936 Posts.
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    Not sure that this acquisition is all that significant an acquisition, in the context of Reece's current Revenues and Profits, so I expect that the reason it is being announced is more as a signal of longer-term strategic intent, rather that for its short-term financial impact.

    Any other thoughts?
 
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