Feb 5 (Reuters) - Coventry Group Ltd (CYG) :
- ENTERED INTO AN AGREEMENT TO ACQUIRE ALL OF SHARES OF NUBCO FOR $36.0 MILLION
- DEAL TO BE FUNDED BY UNDERWRITTEN PRO RATA 1 FOR 1.37 ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER TO RAISE ABOUT $27.6 MILLION
- ACQUISITION WILL ALSO BE FUNDED BY DEBT THROUGH CO'S EXISTING FACILITY
- ACQUISITION WILL ADD TO GROUP PROFITABILITY IN FY19
Source text http://bit.ly/2REg8WS
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