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Ann: Emerchants Agrees to Acquire Store Financial United Kingdom, page-2

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  1. 851 Posts.
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    My favourite bits:

    "Accelerates Emerchants towards profitability, with the acquisition to be immediately earnings
    accretive, and SFUK anticipated to contribute profit and cash in FY15"

    "The acquisition of SFUK provides Emerchants with a low risk entry option into the European prepaid market. Emerchants has had numerous discussions with potential European customers in the past, and SFUK provides the platform to service those customers in the near term."

    "Already, Emerchants has signed a letter of intent with a UK-based corporate bookmaker, and we now anticipate re-loadable product launches within 12 months."

    Can't wait for the next 12-18 months. I have a feeling the SP then will dwarf the current SP
 
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