Feb 6 (Reuters) - Buddy Platform Ltd (BUD) :
- ENTERED BINDING AGREEMENT AND PLAN OF MERGER TO BUY LIFI LAB
- ACQUISITION WILL BE REVENUE AND EARNINGS ACCRETIVE FOR BUDDY, WITH LIFX EXPECTED TO REACH PROFITABILITY IN CY2019
- ACQUISITION WILL BE REVENUE AND EARNINGS ACCRETIVE FOR BUDDY
- DEAL FOR US$26.5M PAYABLE IN CASH TO MAJORITY SHAREHOLDER OF LIFX AND FULLY PAID ORDINARY SHARES IN BUDDY WORTH US$24.5M TO OTHERS
Source text: bit.ly/2HQXXgL
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