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Energy Action Limited acquires EnergyAdvice


Monday, 18 Aug 2014 11:00pm EDT 

Energy Action Limited:Says that it has acquired energy consultancy business, EnergyAdvice Pty Limited.The acquisition will be funded through EAX’s existing cash on balance sheet, debt and a share issue to the vendors.Says the consideration will consist of an initial cash payment to the vendors with additional 50 pct. consideration potentially payable to the vendors in two instalments over 24 months.Other terms of the transaction were not disclosed. 

Company Quote

2.79
-0.01 -0.36%
1 Oct 2014