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RXP Services Ltd (RXP.AX)

RXP.AX on Australia Stock Exchange

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28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

RXP Services announces acquisition of Engage Viidacom Pty Ltd
Wednesday, 5 Aug 2015 08:14pm EDT 

RXP Services Ltd:Says cost of the acquisition is $6.0 million in cash on completion funded by debt.Says expect Engage Viidacom Pty Ltd (EV) to add in excess of $20 million in revenues in FY 2016.Says the acquisition of EV is forecast to be accretive to earnings per share in the 2016 financial year.Says post-completion of deal cash payments up to $2.75 million contingent on achievement of defined milestones.Says acquisition of ev provides RXP with increased capability in large program delivery whilst also deepening the co's client footprint in telecommunications & media sector.  Full Article

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