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Connexion Mobility Acquires Hallam Road Automotive to Boost Earnings and Cut FX Risk
10:00am on Thursday 1st of January, 1970 AEST
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Automotive
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Connexion Mobility Acquires Hallam Road Automotive to Boost Earnings and Cut FX Risk
10:00am on Thursday 1st of January, 1970 AEST
Key Points
A$5 million acquisition including performance earn-out
25-35% immediate EPS accretion expected
Reduces operational AUD/USD foreign exchange risk
Hallam Road Automotive’s strong local market position
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Connexion Mobility (ASX:CXZ)
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