February 19, 2018 / 4:26 AM / in 4 months

BRIEF-HGL Ltd‍ To Acquire 70 Pct Of Pegasus Healthcare Group

Feb 19 (Reuters) - HGL Ltd:

* ‍TO ACQUIRE 70% OF PEGASUS HEALTHCARE GROUP; CO’S INVESTMENT WILL BE $4.45 MILLION OVER 3 YEARS AND WILL BE PART DEBT FUNDED​

* SAYS ACQUIRED BUSINESS WILL BE EPS ACCRETIVE FROM COMPLETION AND IS EXPECTED TO CONTRIBUTE A RETURN ON EQUITY IN EXCESS OF 15% Source text for Eikon: Further company coverage:

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