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RXP Services Ltd Acquires Stonewell Consulting Services Pty Ltd And PL Consulting Limited Hong Kong
RXP Services Ltd announced that it has entered into a binding agreement to purchase Stonewell Consulting Services Pty Ltd (STC) and PL Consulting Limited Hong Kong (PLC). STC and PLC are start-up ICT companies. The total acquisition cost of STC is AUD 4.1 million and represents a multiple of approximately 2.75 times forecast PBT for fiscal 2012-2013. The total acquisition cost of PLC is HKD 6.0 million and represents a multiple of approximately 2.75 times forecast PBT for fiscal 2012-2013.
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