GEG 0.00% $1.34 grays ecommerce group limited

News: GEG Eclipx Group says court approves scheme regarding acquisition of shares in Grays

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    July 31 (Reuters) - Eclipx Group Ltd (ECX)

    • Eclipx reaffirms fy17 guidance of 18-21% increase in npata over fy16, excluding any contribution from grays.
    • Federal Court Of Australia approved scheme of arrangement between Grays Ecommerce Group and Eclipx.
    • Under scheme, Leasing Finance (Australia) Pty,unit of co, will acquire all ordinary shares in Grays in exchange for shares in eclipx
 
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Currently unlisted public company.

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