Count Advances Oracle Group Acquisition After ACCC Confirmation

MT Newswires Live
07/13

Count (ASX:CUP) received confirmation from the Australian Competition and Consumer Commission (ACCC) that its acquisition of Oracle Group does not require notification, paving the way for completion in the coming weeks, subject to remaining conditions being satisfied, according to a Monday filing with the Australian bourse.

The acquisition is expected to considerably grow the company's adviser network, enhance its wealth accounting platform, and strengthen its investment offerings, per the filing.

The company has also secured an expanded debt facility with Commonwealth Bank of Australia (ASX:CBA), comprising a AU$77 million acquisition facility, a AU$33 million accordion facility, and a AU$6.6 million working capital facility, the filing said.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10