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EBOS Group Limited ( (AU:EBO) ) has provided an announcement.
EBOS Group Limited is raising up to A$250 million through a placement and retail offer to fund two acquisitions: SVS Veterinary Supplies and the remaining 10% stake in Transmedic. These acquisitions align with EBOS’ growth strategy, enhancing its position in the veterinary and Southeast Asian medical device markets. The funds raised will not only cover the acquisition costs but also support future growth opportunities, with the acquisitions expected to be EPS accretive in FY25.
More about EBOS Group Limited
EBOS Group Limited is a prominent player in the healthcare and animal care sectors, primarily focusing on the distribution of medical and pharmaceutical products. The company has a strong presence in the Australasian market and is known for its strategic acquisitions to bolster growth and expand its market reach.
YTD Price Performance: 4.81%
Average Trading Volume: 47,466
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.8B
See more data about EBO stock on TipRanks’ Stock Analysis page.