Cuscal (ASX:CCL) completed the acquisition of Indue and expects earnings-per-share accretion of over 25% and an over 20% return on invested capital after the integration, according to a Monday filing with the Australian bourse.
The company also expects to realize synergy benefits of AU$15 million to AU$20 million from the deal, the filing said.
Shares of the company fell past 2% in recent Monday trade.