Sign Up
..... Australian Property Network. It's All About Property!
Add Category
Categories
Posted:
2017-07-24 02:46:25
Tempo Australia has announced the acquisition of NSW-based electrical engineering company KP Electric for up to $10.1 million.
ASX-listed Tempo will pay an initial $6.8 million in cash to acquire KP Electric, plus a further $3.3 million subject to the achievement of certain milestones.
The acquisition price represents an earnings before interest, tax, depreciation and amortisation multiple of 2.5-times.
To read more, please Login or Register below
Sign up here for free access to 7 articles per month + twice daily business email alerts.
Problems, questions, feedback? Please call +61 8 9288 2100