EGG 2.68% $1.15 enero group limited

News: EGG Enero Group to acquire Eastwick Communications

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    Sept 30 (Reuters) - Enero Group Ltd (EGG) -

    • Acquisition of eastwick communications-egg.ax
    • Unit announced acquisition of Eastwick Communications
    • Purchase price comprises an initial cash payment of US$5 million
    • Acquisition of Eastwick is expected to be accretive to Enero's earnings per share over next 12 months
    • Initial payment was funded from Enero's existing cash reserves
 
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