Feb 4 (Reuters) - Propel Funeral Partners Ltd (PFP) :
- EXECUTED CONDITIONAL SALE AGREEMENTS TO ACQUIRE WAIKANAE FUNERAL HOME AND KAITAWA CREMATORIUM HOWARD & GANNON FUNERALS
- TOTAL PURCHASE PRICE PAYABLE ON COMPLETION OF PROPOSED TRANSACTIONS WILL COMPRISE- NZ$6.40 MILLION IN CASH
- PROPOSED ACQUISITIONS ARE EXPECTED TO BE EARNINGS ACCRETIVE IN YEAR ONE
- INTENDS TO FUND AMOUNTS PAYABLE ON COMPLETION OF PROPOSED TRANSACTIONS FROM ITS CASH RESERVES
- PROPEL FUNERAL PARTNERS - "ACQUISITIONS EXPECTED TO INCREASE CO'S ANNUAL REVENUE BY ABOUT 2.5%"
Source text: http://bit.ly/2D4mrOa
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