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News: AMA AMA Group updates on acquisition of additional accident repair centres

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    Nov 14 (Reuters) - Ama Group Ltd (AMA)

    • Acquisitions will be funded using existing cash resources
    • AMA group - expects incremental revenue of $26.9 million from the deal
    • Expects incremental ebitda of $2.4 million from the deal
    • Acquisition of additional accident repair centres
    • Anticipated consideration for the deal $4.7 million
    • Have plans to open a number of greenfield sites; initially agreed to open two new sites
 
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