Oct 9 (Reuters) - Worleyparsons Ltd (WOR)
- acquisition of AFW UK and associated capital raising
- Deal for enterprise value £182 million (a$303 million)
- entered into a binding agreement to acquire AFW UK Oil & Gas Limited
- Deal is expected to be EPS accretive to WorleyParsons and reduce net debt / EBITDA
- total acquisition consideration is £228 million
- entitlement offer will be used to fund 100% of AFW UK enterprise value pre-adjustments
- acquisition will be funded through entitlement offer of approximately $322 million