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Dec 17 (Reuters) - Cardno Ltd (CDD) : ANNOUNCES ACQUISITION OF...

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    17/12/18
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    Post #: 36880627

    Dec 17 (Reuters) - Cardno Ltd (CDD) :

    • ANNOUNCES ACQUISITION OF RABA KISTNER, INC
    • TOTAL EXPECTED PURCHASE PRICE FOR RABA KISTNER IS US$55.0 MILLION,
    • ACQUISITION IS FUNDED THROUGH A COMBINATION OF CARDNO'S EXISTING DEBT FACILITIES AND CASH RESOURCES.
    • ACQUISITION IS EFFECTIVE 30TH NOVEMBER 2018.
    • ACQUISITION IS EXPECTED TO CONTRIBUTE ABOUT US$3.8M IN EBITDA TO CARDNO'S FY2019 RESULTS
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